Mining for Growth: Tata Hitachi's Plans for the Indian Market

Tata Hitachi Construction Machinery, a major player in India's construction equipment industry, is navigating a dynamic market amid significant industry growth. While the sector witnessed a robust 26% expansion last year with 135,000 machines sold, the company is strategically positioning itself in the excavator and wheeled equipment segment, which constitutes 80% of the market.

Under the leadership of Managing Director Sandeep Singh, the company has capitalised on India's infrastructure boom, particularly in road construction, which drives 70% of its sales. Though current growth projections are modest at 0-5%, Tata Hitachi is diversifying its focus towards the mining sector, where ...