JCB Poised for Double-Digit Growth with Launch of Stage 5 Compliant Machinery
JCB India has unveiled a new range of Stage 5 emission-compliant construction equipment, marking a significant step in efficiency and sustainability. The new machines promise 10–15% better fuel efficiency, reduced maintenance costs, and enhanced operator safety. JCB India CEO Deepak Shetty anticipates continued double-digit growth, fueled by the government’s infrastructure push and the rollout of these advanced machines. With innovative developments like hydrogen fuel-based heavy machinery and India’s first VR-based training simulator, JCB underscores its commitment to pioneering solutions for both domestic and global markets.
New Stage 5 Machines: A Leap in Fuel Efficiency and Cost Savings
Advanced features and cost-effectiveness:
The new machines are equipped with Stage 5 emission-compliant engines, offering 10–15% higher fuel efficiency and lower maintenance costs.
One of the loader models can save up to Rs 18.5 lakh in fuel costs over five years, amounting to approximately 30% of the equipment cost, according to Shetty.
Comprehensive support for existing models:
JCB plans to phase out older models while continuing to provide full support for their maintenance throughout their operational lifespan.
Enhanced Safety and Operator Protection
Safety-first approach:
The new range includes Roll-over Protective Structure (ROPS) compliant technology, designed to safeguard operators in case of machine toppling.
JCB’s focus on safety is part of its broader commitment to providing innovative and operator-friendly machinery.
Addressing Price Increments and Market Dynamics
Minimized cost increase:
Shetty noted that while industry prices typically rise by 8% or more with new regulations, JCB has limited the price hike to approximately 3.5–4%, making the equipment more accessible.
Balancing innovation with affordability:
By optimizing production costs, JCB aims to offer cutting-edge technology without significantly impacting customers’ budgets.
Hydrogen-Based Machinery: A Vision for a Sustainable Future
In alignment with India’s Hydrogen Mission:
JCB has unveiled its first hydrogen fuel-based heavy machine, reflecting the company’s commitment to the National Hydrogen Mission.
“When the hydrogen infrastructure is ready, we will be ready with our machines,” Shetty emphasized.
Expanding beyond diesel:
The company is diversifying its portfolio to include multiple fuel options, ensuring adaptability in a rapidly evolving energy landscape.
Driving Growth through Infrastructure Development
Government focus as a growth driver:
JCB’s double-digit growth in recent years is attributed to the government’s strong emphasis on infrastructure development.
The company expects this momentum to continue, supported by its innovative product offerings.
Manufacturing in India for global markets:
JCB produces the majority of its equipment domestically, catering to both domestic demand and export markets, solidifying India as a key hub for its operations.
Innovative Training Solutions with VR-Based Simulator
Introducing Daksh: India’s first VR simulator:
JCB has developed Daksh, a VR-based simulator priced at Rs 5 lakh, to train operators across India.
The portable device aims to reduce training costs and enhance the skills of operators, contributing to workforce development in the construction sector.
Partnership with Shriram Automall for Pre-Owned Equipment
Efficient resale of pre-owned machines:
JCB has signed an MOU with Shriram Automall India Limited (SAMIL) to manage the resale of certified pre-owned JCB machines.
This partnership will streamline the pre-owned equipment market, benefiting both sellers and buyers through an organized marketplace.