Caterpillar India to strengthen its product range

With an aim to improve its share in the emerging construction equipment market, Caterpillar India plans to strengthen its manufacturing capacity and product range. In this direction, it will launch the Cat 424B, a new variant of backhoe loader. This is an optimised and fuel-efficient version as compared to its earlier counterpart. Priced at Rs 20-24 lakh, buyers will be assisted by the Cat Finance Solution, which is operated by Tata Capital Financial Services. In addition, the company´s $150 million Perkins engine manufacturing plant coming up in Aurangabad will begin production next year. Contact: Caterpillar India. Tel: 044-4269 1001. Website: www.india.cat.com