Economy
Kobelco Launches Three Excavators and Targets Topline Growth

Kobelco Launches Three Excavators and Targets Topline Growth

The Hindu1h
THE BRIEF
1

Kobelco Construction Equipment India launched three new excavator models in the 19.1–24-tonne category, targeting 8–10% annual topline growth.

2

The company expects its annual revenue, including exports, to reach around ₹2,500 crore this year compared to about ₹2,000 crore currently.

3

The new models incorporate Indian-made Cummins engines, raising local manufacturing content to roughly 65–70%.