Q&A: Vipin Sondhi, Managing Director, JCB India

Chennai : JCB India Ltd, India's largest construction equipment manufacturing company, has projected that its revenue growth is likely to slow down to 15 per cent in 2011-12 financial year after showing record sales growth last fiscal.

Vipin Sondhi, Managing Director, JCB India Limited explained to Mahesh Kulkarni the reasons for slowing sales this fiscal and the prospects ahead for the construction equipment industry. Edited excerpts:

The year 2011 is also going well for us. Let me talk about 2012 first. I think there are very clear headwinds ahead. The high commodity prices are not showing signs of coming down, and the continuous increase in interest rates has had great impact on sales.