JCB says India growth to slow down to 15 pc in FY'12

The fully-owned subsidiary of JC Bamford Excavators, UK, logged revenues of Rs 4,950 crore in 2010-11, up 45 per cent vis-a-vis the previous financial year.

"The rate of growth... we expect to slow down," JCB India Limited Managing Director and CEO Vipin Sondhi told reporters here today. "I would estimate 15 per cent-plus (growth in the current fiscal)".

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