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Doosan Bobcat Completes Mini Excavator Plant in Chennai, India

New facility to boost production capacity with full-scale operations starting next year
South Korea
d 241560.KO Mid and Small Cap 2000
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Doosan Bobcat Inc., a leading manufacturer of construction and agricultural machinery under South Korea’s Doosan Group, announced on Wednesday the completion of its mini excavator plant in Chennai, India. The new 11,300-square-meter facility was constructed within the existing Chennai plant site over a period of nine months.

The mini excavators are slated to enter full-scale production starting next year, following the installation and stabilization of the production line. This addition expands Doosan Bobcat’s Indian subsidiary’s production lineup, which already includes backhoe loaders and skid-steer loaders. A backhoe loader, a versatile piece of equipment, features a loader at the front and an excavator tool at the back.

Doosan Bobcat’s Indian subsidiary aims to sell 8,900 units annually by 2028, including portable power products manufactured at its Bengaluru plant. This target represents double the sales volume achieved last year.

Established in 2019, the Chennai plant serves as Doosan Bobcat’s only backhoe loader production base. Since last year, it has also been producing the ultra-compact skid-steer loader S70. The addition of mini excavators to its production capabilities further enhances the plant’s significance in Doosan Bobcat’s global manufacturing network.

The completion of the mini excavator plant in Chennai underscores Doosan Bobcat’s commitment to expanding its footprint in the Indian market and enhancing its product offerings. This strategic move is expected to meet the growing demand for construction equipment in the region, supporting infrastructure development and agricultural needs.

As Doosan Bobcat continues to innovate and expand its product range, the new facility in Chennai is poised to play a crucial role in driving the company’s growth and reinforcing its position in the global construction and agricultural machinery market.

 

 

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