Chinese imports hit Indian construction equipment manufacturing sector

Tata Hitachi, a joint venture between Japan's Hitachi Construction Machinery Company and Tata Motors, has lost market share in recent years. One reason was the influx of Chinese imports

With Chinese share in construction equipment business in India increasing to 22 per cent, two Indian players in the sector on Wednesday expressed concern over the low-cost imports from the neighbouring country adversely affecting domestic firms.

 

Owing to cheaper imports, Tata Hitachi, a joint venture between Japan's Hitachi Construction Machinery Company and Tata Motors, has lost market share in recent years, while state-owned BEML was edged out from the construction equipment segment some years back and is now making a comeback.

 

Speaking on the sidelines of CII Global Mining Summit, Sandeep Singh, managing director, Tata Hitachi, said the government is