Japanese heavy machinery giants, Hitachi Construction Machinery and Sumitomo Heavy Industries, are set to establish new units in India, capitalizing on the country’s burgeoning infrastructure and construction sector.
Hitachi Construction Machinery, a leading global player in the construction equipment industry, plans to accelerate hiring in India to fuel the development of innovative products tailored to the local market’s specific needs. This strategic move underscores the company’s commitment to strengthening its presence in India and contributing to the nation’s infrastructure development.
Sumitomo Heavy Industries, a diversified industrial conglomerate, aims to leverage India’s growing economy and expanding industrial base. The company’s new India unit will focus on providing advanced machinery and engineering solutions to support the country’s industrialization efforts.
Both companies are optimistic about India’s long-term growth prospects, driven by government initiatives such as the “Make in India” campaign and the focus on infrastructure development. By establishing a stronger foothold in the Indian market, Hitachi and Sumitomo aim to capture significant market share and contribute to the country’s economic progress.
