About: Telco Construction Equipment   Sponge Permalink

An Entity of Type : dbkwik:resource/41M8fembgW4ejRUqT-lkRA==, within Data Space : dbkwik.org associated with source dataset(s)

In 1984, Hitachi Construction Machinery joined into the company with financial and technical assistance. In 2000, the company became a joint venture when Hitachi purchased 20%. In 2010, the company was renamed Tata Hitachi Construction Machinery Company Private Limited as Hitachi became majority owner with 60% share. Telcon is the market leader in the construction equipment industry in India and commands more than 50% market share in India. Equipment is sold under Telcon, TATA and TATA Hitachi brands. The company was renamed Tata Hitachi Construction Machinery.

AttributesValues
rdf:type
rdfs:label
  • Telco Construction Equipment
rdfs:comment
  • In 1984, Hitachi Construction Machinery joined into the company with financial and technical assistance. In 2000, the company became a joint venture when Hitachi purchased 20%. In 2010, the company was renamed Tata Hitachi Construction Machinery Company Private Limited as Hitachi became majority owner with 60% share. Telcon is the market leader in the construction equipment industry in India and commands more than 50% market share in India. Equipment is sold under Telcon, TATA and TATA Hitachi brands. The company was renamed Tata Hitachi Construction Machinery.
Products
dcterms:subject
foaf:homepage
dbkwik:tractors/pr...iPageUsesTemplate
location country
Logo
  • 150(xsd:integer)
Name
  • TELCO Construction Equipment Company Limited
location city
  • Bangalore
Foundation
  • 1999(xsd:integer)
Homepage
Successor
Parent
Predecessor
abstract
  • In 1984, Hitachi Construction Machinery joined into the company with financial and technical assistance. In 2000, the company became a joint venture when Hitachi purchased 20%. In 2010, the company was renamed Tata Hitachi Construction Machinery Company Private Limited as Hitachi became majority owner with 60% share. Telcon is the market leader in the construction equipment industry in India and commands more than 50% market share in India. Equipment is sold under Telcon, TATA and TATA Hitachi brands. Telcon is a 60:40 joint venture between Tata Motors, India and Hitachi Construction Machinery Co. Ltd, Japan. Telcon is the first Indian manufacturer to have two manufacturing bases; one at Jamshedpur and the other at Dharwad. Telcon has a wide range of construction equipment: backhoe loaders, hydraulic excavators, wheeled loaders, cranes, road equipment, haulers etc., to cater to a wide spectrum of industry segments like mining, construction, infrastructure and agriculture. Telcon acquired a 79% stake in Serviplem S.A. based in Spain, which manufactures truck mounted concrete mixers and Dry bulk tanks for cement, and 60% in COMOPLESA LEBRERO S.A., Spain which manufactures road construction machinery. The company was renamed Tata Hitachi Construction Machinery.
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