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Online edition of India's National Newspaper Friday, October 05, 2001 |
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Escorts JCB's plans
By Preeti Mishra
BANGALORE, OCT. 4. Escorts JCB has allocated substantial funds to
invest in its Indian operations.
This will be utilised to upgrade its manufacturing facilities in
terms of infrastructure and technology. EJCB plans to
indigenously manufacture several of its new construction
equipment products after the upgradation of its manufacturing
base.
The Rs. 471 crore company is a joint venture between the U.K.-
based J. C. Bramford Excavators and the Escorts group.
``We have earmarked funds of about Rs. 350 crores including Rs.
150 crores to bring in sensitisation in the Indian manufacturing
facility. This will allow EJCB to manufacture products such as
Robot Skid Steer and Tracked Excavator indigenously instead of
importing them from the U.K.," EJCB India operations marketing
manager, Mr. Tom Cornell, told this correspondent.
EJCB manufactures 3,000 machines at its existing facilities.
After the production base has been improved, the company expects
to manufacture 5,000 machines over the next three years. Ninety
per cent of its product range is manufactured locally.
EJCB has also embarked on `hands on' training programme, a new
initiative to provide hands-on experience in operating JCB
machines to operators, dealers, distributors and sales managers.
The programme will also provide marketing training to its sales
managers.
According to Mr. Cornell, 70 per cent of its sales are from the
Southern and Western regions.
In order to increase its existing market share of 80 per cent,
the company will launch a road-show to showcase various products
from EJCB later this month. The road-shows will cover Bangalore,
Chennai, Hyderabad, Pune, Mumbai and Baroda.
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