Tata Hitachi intends to grow by 15 percent by 2024
By Edit Team | July 21, 2022 4:14 pm SHARE
Sandeep Singh, Managing Director, Tata Hitachi in an interview with B2B Purchase
In India, the Mini-Excavator segment is witnessing maximum growth now. While we have three models which we sell successfully, we unveiled at Excon an indigenously developed, 3-Tonne Hydraulic Excavator Tata Hitachi NX30, highlighted by Sandeep Singh, Managing Director, Tata Hitachi.
Kindly brief us about your Hitachi’s key launches at Excon
On Display at Excon was an extensive lineup of Tata Hitachi’s range of Compact, Infra, and Mining equipment, including the recently launched CEV-IV compliant SHINRAI Backhoe Loaders and the TL340H PRIME series of Hydrostatic Wheel Loaders, apart from the new launches.
In the 20-Tonne Hydraulic Excavator category, our flagship model Tata Hitachi EX200LC has more than 25000 installations across the country and is also the most successful running model in the Indian CE industry. To strengthen that portfolio, we launched the new variant called Tata Hitachi EX200 Super+.
While we are one of the market leaders in the Hydraulic Excavator segment, we are also working on expanding our portfolio of wheeled equipment. Our wheel loader portfolio has further expanded with the launch of a 5-Tonne payload capacity Wheel loader Tata Hitachi ZW225. Also on display was our CNG-powered Tata Hitachi SHINRAI PRO Backhoe loader.
Apart from equipment, we showcased our prowess in hi-tech digital innovation with our state-of-the-art telematics solutions, ConSite for Tata Hitachi’s ZAXIS GI series of hydraulic excavators, and the next-generation version of InSite for our EX-Super + series of Hydraulic excavators and Wheeled products. We also launched the InSite app that brings convenience to the palms of our customers. These telematics suites are armed with GPRS-based remote machine monitoring applications and help the customer view their machine locations and enable them to monitor machine health and operations through alerts.
eDost, our newly developed digital platform is designed for real-time connection with our customers and other stakeholders for all their needs, garnered great interest. Our theme for this edition of Excon was ’60 years of Atmanirbharta’ to commemorate 60 years of our operations in India. This platform helps us connect with our esteemed customers as we recommit ourselves to strengthening this relationship for the years ahead.
Tata Hitachi’s expansion into the construction equipment sector
Tata Hitachi’s 60-year history in the construction equipment market is one of our most significant achievements. The technical collaboration between Tata and Hitachi started in the year 1984. In another couple of years, this relationship will be 40 years old. All of this is possible because we always anticipate the changing preferences of our customers and exceed their expectations. In terms of technology, we progressed and strengthened our customer relationships. In addition to good products, quality products, and service, we have expanded fast in recent years.
Target market and application areas for these products and equipment
Considering the varied customer requirement, we have distinct organizations for Compact, Infra, and Mining equipment. Tata Hitachi is a leader in providing construction and mining equipment solutions across sectors such as road construction, mining (metals and coal), urban and rural infrastructure development, ports and river connectivity/inland waterways, & airport development, and several other sectors.
Business projections for the coming years
We believe the forthcoming two years will be positive and prosperous for our business as infrastructure will drive the Indian economy even further. Moreover, as industry leaders, we are supporting our government in all possible ways to be successful in this drive. Many projects are in the works, including 25,000 kms of road construction, river linking projects, two new international airports in Mumbai and Noida, and connecting ports, airports, and railways. Looking at the numbers, we can expect an average growth rate of around 15 percent in the next two years.
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