India's Mahindra to Build Backhoe Loaders

摘要

The biggest manufacturer of sport-utility vehicles in India announced it will begin making construction equipment. Mahindra & Mahindra reportedly spent $66 million to develop a backhoe loader that will be available this month. The company says it will build 200 units per month at its Chakan, western India, factory.rnMahindra, Terex and Caterpillar are expanding in India because of rising heavy equipment demand as the government increases spending on roads, portsrnAnd airports.