Bull Machines, which unveiled its BS5-CEV Stage V environmental laws compliant backhoe loader on Friday, is growing its annual production capacity and nearly doubling its turnover in the following 12 months.
V. Parthiban, Managing Director of Bull Machines, instructed the media in Coimbatore that the corporate hopes to finish FY25 with roughly ₹1,200 crore income and double it in FY26. At current, the agency is promoting nearly 2,200 automobiles in the home market yearly and exporting shut to 3,000 automobiles. In 2025-2026, its production capacity will increase to 9,000. The firm is investing ₹120 crore for capacity growth in Coimbatore and in automation.
With the variety of automobiles offered on the rise, the corporate plans to have 400 authorised service centres throughout the nation in two years. It is strengthening its distribution community globally to increase its market share and export to 100 nations from the present 65 nations to turn into the second largest in the backhoe loader sector.
Mr. Parthiban added that Bull Machines will launch a mini excavator in the course of the competition season in the Indian market.
Published – March 21, 2025 08:33 pm IST
