Jinkushal Industries Limited Secures Export Order of 100 HexL 420X Backhoe Loaders from North American Buyer worth ~Rs. 42 crores

Raipur, November 12, 2025: Jinkushal Industries Limited (JKIPL), India’s largest non-OEM exporter of construction and mining machinery, today announced that its subsidiary, Hexco Global FZCO, has secured a repeat export order from a long-standing B2B customer in North America for the supply of 100 units of its in-house brand, HexL 420X Backhoe Loaders.

This marks a significant milestone for Jinkushal Industries Limited’s (JKIPL) in-house brand HexL, which has rapidly evolved into a globally recognized name in the construction equipment industry. The repeat export order from a long-standing North American partner, valued at approximately USD 5 million (≈₹42 crore), reaffirms international confidence in the HexL 420X Backhoe Loader’s performance, durability and engineering excellence. The order will be executed progressively over a three-year period with quarterly price alignments reflecting prevailing market conditions.

The development underscores JKIPL’s growing role in India’s manufacturing and export-led growth story, as the company increasingly is leveraging its distribution network for its proprietary HexL brand to meet rising global demand for efficient, cost-effective and sustainable construction equipment. With increasing focus on infrastructure modernization and equipment renewal across the globe, the order offers JKIPL a scalable foothold in international markets and paves the way for further expansion in equipment exports.

This transaction also exemplifies JKIPL’s ability to deliver world-class, tailor made products across global markets, reinforcing its competitiveness against established OEMs. The repeat order momentum stands as a testament to the trust JKIPL has earned through consistent product performance, engineering innovation and responsive after-sales support, firmly establishing HexL as a credible brand on the global stage.

Commenting on the overall performance of the Company, Mr. Anil Kumar Jain, Chairman & Managing Director, Jinkushal Industries Limited said,

“The repeat export order from a long-standing North American customer marks a strong validation of Jinkushal Industries Limited’s (JKIPL) in-house brand HexL and its global credibility. Valued at USD 5 million (≈ ₹42 crore) for 100 HexL 420X Backhoe Loaders, the order reinforces customer confidence in HexL’s engineering quality and strengthens JKIPL’s export order book.

This development aligns with JKIPL’s strategy of scaling its proprietary HexL Brand and expanding its international presence. With growing global demand for efficient and cost-effective construction equipment, JKIPL remains focused on driving sustainable, export-led growth through innovation, quality, and customer trust.”