FCC

Kim of Doosan Bobcat: The market for skid steer loader is slowly progressing

2022-07-14

Speaking on the current market for mini equipment in India, Hyunsoo Kim, MD and CEO, Doosan Bobcat India, said, “Currently, the market for skid steer loaders is slowly progressing post-pandemic, which had been stagnant till last year. The current year trend shows that the skid steer loader market is on a growth path as the infrastructure sector is opening with projects being awarded besides the demand in general construction. Whilst the demand for backhoe loaders and compact excavators is growing exponentially, many new players are getting good opportunities in various applications. With markets now in the rebound phase, and with anticipated growth in coming years, the infrastructure sector is gearing up with projects across all sectors. The steady growth in demand would show the road to recovery fuelled by government initiatives.”

He added, “Last year, we launched two skid steer models – S590 and S770 – introduced in India with CEV stage IV engines. To increase our line up in compact excavators, we also launched E20z and E50z last year, which have seen good demand in recent times.”