Whalesbook
JCB India has seen its exports to the USA plummet from 10,000 to 1,500-2,000 machines annually due to U.S. tariff barriers. The domestic construction equipment market is experiencing a 10% de-growth, attributed to monsoon, new emission norms, and delayed government payments. Despite these challenges, JCB India is aggressively diversifying exports to other regions, strengthening its domestic market share, and seeing growth in defence, railways, and airport projects, leading to cautious optimism for the coming year.