Date:24/11/2009 URL: http://www.thehindubusinessline.com/bline/blnus/02241061.htm

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JCB India eyes 10-15% sales growth

MUMBAI: Construction equipment manufacturer, JCB India, is eyeing a 10-15 per cent increase in its sales next year on the back of the global economic revival and a huge pipeline of big-ticket infrastructure projects being in the offing.

“The economy is reviving...sectors such as real estate and power are picking up. We expect a 10-15 per cent jump in our sales in calendar year 2010,” JCB India's Associate Vice-President (Marketing), Mr Amit Gossain, told PTI here on Tuesday.

The company has a target of over 12,000 machines sales by December 31 this year, Mr Gossain said, adding this may go up by another 130-180 machines in the next calendar year.

“Sales are picking up as infrastructure projects start kicking-off. We see good sales growth coming in from upcoming mega road and power projects,” Mr Gossain said. – PTI