Hitachi Construction Machinery places India at core of its global strategy
Hitachi Construction Machinery, a global leader in the construction equipment sector, especially hydraulic excavators, has been a key player in shaping infrastructure projects across continents.
The company's India journey began in 1984, when it initiated a technological collaboration with the Tata Group. This strategic alliance introduced advanced Japanese welding and machine processing technologies to the Indian landscape.
What started as a partnership has now evolved into TATA Hitachi Construction Machinery, a flagship brand with manufacturing units in Kharagpur and Dharwad, and a national headquarters in Bangalore. The Bangalore HQ not only handles sales and service operations across the country but also supports a vast fleet of over 40,000 Hitachi machines currently in use throughout India.
President Takatani drew a compelling comparison between Japan and India to highlight market potential. 'Japan, with a population of 120 million, has a construction machinery demand of about 22,000 units annually,' he said. 'India, on the other hand, has a population of 1.4 billion but the machinery demand stands at only 27,000 units. The gap shows massive potential for growth.'
One of Tata Hitachi's proudest innovations is its unique 'ConSite' system--short for Consolidated Solution for Construction Sites. This digital platform integrates GPS and sensor technology to monitor machine conditions in real time. Through PCs or smartphones, machine status--including operational data, oil levels, and damage reports--can be remotely accessed.
Interestingly, President Takatani highlighted that the implementation of ConSite in India was smoother than in many other countries, praising India's robust digital ecosystem.
'This is proof that India is truly an IT Kingdom,' he remarked.
Beyond domestic operations, Tata Hitachi's facilities in India serve as a major export hub. Machines tailored for the diverse needs of 15 countries--including those in Southeast Asia, Africa, and the Middle East--are manufactured in India and shipped globally.
Recognising India's engineering talent, Hitachi Construction Machinery has established a Research & Development Centre in India. The centre is expected to house 200 engineers, focusing on developing products not just for India, but for the global market--including Japan.
While the company has long aligned with the 'Make in India' vision, its current direction reflects a broader ambition: 'Design and Lead from India'. President Takatani emphasised that India is not just a production base, but an innovation and leadership hub in Hitachi's global strategy.
With its strong partnership with Tata, focus on digital transformation, and rising role in global manufacturing and R&D, Hitachi Construction Machinery is firmly positioning India at the heart of its international operations. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Deccan Herald
14 minutes ago
- Deccan Herald
When sambar met caviar
The Indian diaspora has become a lot more affluent, and they are seeking luxurious experiences, which include dining on exquisitely created and presented food from their home country.
United News of India
42 minutes ago
- United News of India
GST rationalisation impact on inflation depends on the effect on CPI components: Bank of Baroda Economist
Chennai, Aug 16 (UNI) The impact of the proposed rationalisation of the Goods and Services Tax (GST) on inflation would depend on the effect on the consumer price index (CPI) components, said a top economist at Bank of Baroda. He also said the impact on investment will be driven by the final effect on consumption. If consumption increases, it can spur more investment in specific products. The Indian government has announced the idea of having two major GST slabs viz., 5% (merit) and 18% (standard). 'The highest slab of 28% would be abolished and all goods and services in this bracket moved to the 18% rate. 99% of goods in the 12% rate will move to 5%. The balance 1% would go to 18%. The existing 40% rate would hold for tobacco and other sin goods. The exempted and special rates of 0.25% and 3% rate goods would remain unchanged,' Madan Sabnavis, Chief Economist said. 'The impact on inflation would depend on how various components of the CPI index are impacted by the new rates. While it has been projected as lowering the tax burden there can be a tendency for inflation to come down. But the extent will depend on the individual tax rates,' Sabnavis said. However, at the micro level, any reduction in GST as it is expected for goods like hair oil, toothbrush, pencils and others may not exactly increase consumption but will release resources of households that can be spent on other products and services. 'Impact on investment will be driven by the final effect on consumption. If consumption increases, it can spur more investment in specific products,' Sabnavis remarked. Having fewer slabs certainly makes the system simpler and leads to better compliance and removal of ambiguity. But it needs to be seen whether or not the final effect is tax neutral. If movement of goods across slabs provides a net gain on the fiscal side, then it would not change much from the consumption point of view, he said. 'On the whole it has been projected to provide support to consumption which is positive for the consumer goods segments. The ultimate impact has to be gauged from the point of view of fiscal impact given that any restructuring has to be a zero-sum game – if the consumer is to gain, there has to be some let off on the budget. This however, can get corrected once the economy grows at a faster rate in the coming years,' Sabnavis said. The GST Council is to meet in Sept-Oct and deliberate on this proposal. The compensation cess is to be phased out and it is possible that goods and services with 40% slab would take in this effect. UNI VJ GNK
Time of India
an hour ago
- Time of India
"No agreements that would go against the farmers": Shivraj Singh Chouhan on US's demand amid tariff talks
Live Events New Delhi: Union Agriculture Minister Shivraj Singh Chouhan on Friday firmly stated that India will not enter into any agreements that could harm the interests of its farmers, emphasising the paramount importance of safeguarding their rights amidst ongoing trade talks with the US, especially regarding the tariff issues in the country's agricultural and dairy a gathering of farmers in the national capital, the Union Minister noted that there were global voices that had shown concern about India's rapid progress, especially in the context of trade agreements and acknowledged that while India seeks to maintain friendly relations and create fair trade agreements with countries across the world, the spirit of these agreements must be grounded in fairness and equality."In our country, the right of the farmer is paramount, and the right of the citizen is paramount. You know, there are many people in the world who are jealous of our progress. 'What if India makes great progress? Make an agreement with them.' We do make agreements because we see the world as one family. But the spirit of agreement is based on fairness, on equality," he highlighted the agreement made with the UK, where Indian agricultural products would be allowed to enter the UK without tariffs, benefiting Indian farmers . However, he was cautious about any potential trade deals that could jeopardise Indian agriculture."We made an agreement with the UK on equal terms so that the produce of our farmers can go to England without any tax. Many agricultural products will now reach England without tax. But if someone suggests an agreement that allows another country's goods to flood our markets, we cannot compete with them," he Union Minister pointed out the disparity in the scale of farming between India and many foreign countries, stating, "Their farms are massive--10,000, 15,000, or even 20,000 hectares--while our farmers often have just one or two acres, or maybe up to five acres, which is rare. There is no comparison."He also warned that an agreement that allows foreign agricultural products to flood Indian markets could severely harm domestic farmers, driving down prices and depriving them of fair returns."If such an agreement happens, it would kill Indian farmers. Cheap foreign produce will flood the market. If we sell our produce at lower prices, farmers will not get a fair return," he a strong reaffirmation of India's stance, Chouhan echoed the words of Prime Minister Narendra Modi , asserting that no agreement would be signed at the expense of Indian farmers."But PM Modi said there will be no agreements that would go against the farmers. Their rights will be paramount," he Prime Minister Narendra Modi while addressing the nation on the 79th Independence Day, reaffirmed his support to protect farmers, saying that he is "standing tall like a wall against policies which are against farmer interest.""If any policy is against India's farmers, fishermen, cattle rearers, Modi is standing like a wall," PM Modi about standing his ground in the era of 'economic selfishness,' he added, "I say this with great experience. Kisi doosre ki lakeer chhoti karne ke liye, apni oorja hamein nahi khaphai. Hamein poori oorja ke saath hamari lakeer ko lamba karna hai. If we do that, the world will admit our strength."These remarks come during a time when India is actively involved in the discussions on the Bilateral Trade Agreement with the US, which the two sides could not conclude due to the American demand to get comprehensive access to the Indian agriculture and dairy US is pressuring India to open its agricultural market and subsequently imposing a 25 per cent additional tariff, with Washington calling it a 'penalty' for buying Russian oil. (ANI)
