Heavyweight Champion

Despite sharing the market with two rivals, Hexindo continues to expand and grow, especially in the niche of large heavy equipment.

By Luis Lady Indez Dominique and Pudji Lestari

The heavy equipment market in Indonesia has long been a three-way battle between a trio of heavyweight companies—the market leader PT United Tractor, owned by Astra International, number two PT Trakindo Utama, owned by billionaire Achmad Hamami, and number three PT Hexindo Adiperkasa, owned by Japan’s Hitachi. Continue reading