Sany challenges Komatsu's grip on Indonesian machinery market

Cheap prices drive Chinese player's growing share in Southeast Asia

20210705N Sany

A Sany Heavy Industry plant near Shanghai: The company now holds nearly the same market share in Indonesia as Japan's Komatsu. © Reuters

YASUFUMI TSUGE, YUSHO CHO and SHUNSUKE TABETA, Nikkei staff writers

TOKYO/BEIJING -- Longshore workers at an Indonesian port on the island of Sulawesi were busy unloading yellow excavators emblazoned with the logo of China's Sany Heavy Industry from a cargo ship.

"Be careful setting down that excavator!" one of them shouted to colleagues.

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