Earthmoving equipment manufacturer JCB India Limited is expecting that the industry would grow by 20% during 2010.

Mr Vipin Sondhi MD and CEO of JCB India said that "The industry had experienced de growth last year due to the slowdown. But things are moving up.”

He said that the company, a subsidiary of JCB of UK, was the market leader in the earthmoving equipment segment with a market share of 53%.

(Sourced from PTI)