Tata Hitachi to invest Rs 200cr in FY'25, localisation remains top priority

Tata Hitachi Construction Machinery has announced a Rs 200 crore investment in its manufacturing plants to boost quality, innovation, and localisation. The company aims to increase localisation levels to 70% in 2-3 years. The company plans to produce 60-tonne dump trucks in India and introduce more models under the 'Atmanirbhar' policy. Managing Director Sandeep Singh highlighted the importance of localisation for cost control and expressed optimism for infrastructure development post-Union budget.