Company:Tata Hitachi Construction Machinery

From HandWiki
Tata Hitachi Construction Machinery Company pvt Ltd
IndustryConstruction
Founded1961; 63 years ago (1961)
Headquarters
Bengaluru (Bangalore)
,
India
Key people
Sandeep Singh (Managing Director)[1]
ProductsConstruction Equipment
Websitewww.tatahitachi.co.in

Tata Hitachi Construction Machinery Company Pvt Ltd is an India-based joint venture between Tata Motors and Hitachi Construction Machinery of Japan. It was previously known as Telco Construction Equipment Co. Ltd.

In 2007, it had more than half of the market share in the excavator segment.[2] Since then, Komatsu and Volvo have gained market share, with Hitachi representing 30-40% of the excavator market. The company has its corporate office at Bangalore and three manufacturing bases in Jamshedpur, Dharwad and Kharagpur. It also has two subsidiaries Serviplem S.A. and Lebrero in Spain. The annual turnover of the company is ₹2300 Crores.[1] It is one of the market leaders of construction equipment industry in India.

History

The company commenced manufacturing of construction equipment in 1961, as a division of TATA Engineering and Locomotive Company, now TATA Motors at its Jamshedpur plant. In 1984, it entered into a technical collaboration with Hitachi Construction Machinery for manufacturing hydraulic excavators.[3] In 2000, HCM acquired a 20% stake in JV, which increased to 40% in 2005 and currently stands at 60%.[citation needed] The company offers the largest range of Hydraulic excavators under a single brand in India.[citation needed] It currently has manufacturing plants at Jamshedpur (Jharkhand), Kharagpur (West Bengal)and Dharwad (Karnataka).[citation needed]

Product range

A TATA Hitachi excavator at work in Hyderabad

THCM has its presence in following products -

External links

References

  1. ↑ 1.0 1.1 "Tata Hitachi to roll out 100 ton dumper by 2016". IANS. news.biharprabha.com. http://news.biharprabha.com/2014/05/tata-hitachi-to-roll-out-100-ton-dumper-by-2016/. Retrieved 30 May 2014. 
  2. ↑ IBEF presentation, Pages 28, 29
  3. ↑ "Archived copy". Archived from the original on 2007-10-06. https://web.archive.org/web/20071006084717/http://www.telcon.co.in/html/SubIndex.asp?sMainPage=aboutus. Retrieved 2011-04-15. , About Telcon





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