“We will introduce the right products for our customers.”

02 Jan 2019 CW Staff

One pathbreaking offering: Caterpillar offers the equipment management and control system called AccuGrade, which provides equipment with optimum efficiency. This can be used across various machines, such as excavators, backhoe loaders, motor graders, dozers, etc.

Demand drivers in 2019: Currently, road construction is driving more demand, which also drives the growth of allied segments such as aggregates. Along with the growth in construction activities, mining (especially coal and iron ore) is also picking up.

Announcement contributing to the company’s growth in 2018: In 2018, we launched a new range of excavators, basically to address the needs of the construction industry in India. The new range is 15 per cent more fuel-efficient compared to its predecessors and provides 5 per cent savings in maintenance costs.

Challenge for the company in 2019: The general elections scheduled in 2019 can have a short-term impact on the overall industry. However, we don’t think it will be severe as the market will bounce back.

Key strategy to success in 2019: We always work towards making our customers successful in their business. The recent launch of two excavators is a step in this direction. We will continue to grow with the market and introduce the right products needed for customers in India.

Recommendation for growth of the construction equipment market: We have to keep evolving with the time and introduce newer technologies of global standards that can help customers reduce overall life-cycle cost. Second, we have to look at the long-term perspective as I believe we have the scope of growing at least two decades.

Caterpillar India showcased its two new excavators launched for the Indian market along with another range of mining and construction equipment this year. Amit Bansal, Director-Sales and Marketing, Building Construction Products, shares more… One pathbreaking offering: Caterpillar offers the equipment management and control system called AccuGrade, which provides equipment with optimum efficiency. This can be used across various machines, such as excavators, backhoe loaders, motor graders, dozers, etc. Demand drivers in 2019: Currently, road construction is driving more demand, which also drives the growth of allied segments such as aggregates. Along with the growth in construction activities, mining (especially coal and iron ore) is also picking up. Announcement contributing to the company’s growth in 2018: In 2018, we launched a new range of excavators, basically to address the needs of the construction industry in India. The new range is 15 per cent more fuel-efficient compared to its predecessors and provides 5 per cent savings in maintenance costs. Challenge for the company in 2019: The general elections scheduled in 2019 can have a short-term impact on the overall industry. However, we don’t think it will be severe as the market will bounce back. Key strategy to success in 2019: We always work towards making our customers successful in their business. The recent launch of two excavators is a step in this direction. We will continue to grow with the market and introduce the right products needed for customers in India. Recommendation for growth of the construction equipment market: We have to keep evolving with the time and introduce newer technologies of global standards that can help customers reduce overall life-cycle cost. Second, we have to look at the long-term perspective as I believe we have the scope of growing at least two decades.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..