New Delhi, August, 2007: JCB India Limited, India’s largest construction equipment company expands by acquiring additional land adjacent to its existing plot here in Ballabgarh, Haryana. Its Foundation Stone was laid today by Shri Bhupinder Singh Hooda, Hon’ble Chief Minister of Haryana - in the presence of Mr. Matthew Taylor (Group COO, JCB UK) and Mr. Alan Blake (Head – JCB Manufacturing, UK) and Mr. Vipin Sondhi (MD, JCB India Ltd.). The event was also graced by the presence of the host of prominent industrialists and senior bureaucrats from the Government of India, vendors and dealers of JCB India.

Speaking on the occasion, Mr. Matthew Taylor, Group COO, JCB UK. said, “India is a very important market for JCB. I am proud to be part of this milestone of JCB. India is developing at a fast pace with lot of infrastructure development and JCB being one of the leading construction equipment player in India, is well equipped to be a partner in helping build India’s infrastructure. JCB is fully committed towards India & has invested in manufacturing facilities in Ballabgarh & Pune. We at JCB are delighted to see our growing business here and hope to look forward with continuous growth in the coming years too”.

Today JCB is the fastest growing company in the Indian earthmoving and construction equipment industry. The company is the pioneer in this field and has been recording excellent growth rates. From 9 dealers and 12 outlets in 1987 to 42 dealers and 264 outlets in 2007, JCB has come a long way. In 2007 JCB India archived the landmark by being the first Construction Equipment manufacturer in India to cross the 50,000 machine sales mark. JCB India has got a wide range that includes, Excavators loaders, Front-end loaders, Articulated loading shovels, Tracked Excavators, Telehandlers, Vibratory compactors and Skid Steers. In all JCB India has got 18 models.

Mr. Vipin Sondhi, MD, JCB India added, that “JCB has made an investment of over Rs. 200 crores in Ballabgarh plant in the last 3 years. It is contributing in building India’s infrastructure by making construction equipments used in various construction sites and infrastructure development Ballabgarh plant, after its expansion, will further enhance the productivity and quality of components used to manufacture the world-class construction equipments at JCB. Employment opportunities will be created by expansion of JCB in Haryana JCB has adopted a Village and a School and shall soon be adopting ITI as a step to promote and support upcoming societies in Haryana. JCB also runs operator training schools throughout India and is thus helping generate employment opportunities. Currently over 3000 operators are being trained in India and this number is likely to increase substantially in years to come.”

About JCB in India

JCB in India is a fully owned subsidiary of JC Bamford Excavators Limited, UK. It has three manufacturing plants in India; one in Ballabgarh (Haryana) and two plants in Pune (Maharashtra). The company offers eighteen different machines in six product types such as Backhoe Loaders, Loading Shovels, Tracked Excavators, Skid Steer Loaders, Telehandlers and Vibratory compactors. An excellent network of 42 dealers and 264 outlets throughout the country along with a world-class customer service network support JCB.