JCB has entered power tools business in India

JCB, a construction equipment giant aims to become the major player in producing hand and power tools business in India. John Atkinson, worldwide head of JCB consumer products said on a media conference that in the next 3 to 5 years, they will rise as a significant player in construction equipment.

JCB India is known as the largest manufacturer of construction equipment in India.

In an article posted on Business Standard, JCB’s executive vice president for marketing and business development said that the company has entered into an agreement with Groz Private Limited and Master Alloys Limited, leading hand and power tools manufacturers, to distribute, source and manufacture JCB’s branded tools.

Read the full article here.