Caterpillar completes 50 years of manufacturing in India

23 Feb 2021 Editorial Team

Caterpillar, manufacturer of construction and mining equipment, enters the 50th year of manufacturing in India. While the company has been active in India since the 1930s, Caterpillar now has an established footprint with six manufacturing facilities, two research and development (R&D) centres, five subsidiary entities, eight Caterpillar brands and numerous global support organisations.

“Caterpillar has been part of India’s growth story for many decades. We have been a key partner since the 1930s, and it is remarkable to witness the progress in this great nation over the years,” said Caterpillar Chairman and CEO Jim Umpleby, who is also a board member on the US-India Strategic Partnership Forum.

Caterpillar India Country Manager Bansi Phansalkar said, “It is remarkable to note that Cat equipment was used in the construction of Bhakra Nangal dam back in 1948. Caterpillar has been supporting the growth in mining, construction, transportation, power generation and infrastructure development throughout India.”

Phansalkar added that the company has various corporate social responsibility (CSR) initiatives focused on quality education, access to clean water, sanitation, hygiene and skills development “for the betterment of the communities where we live and work”.

Caterpillar is one of the largest exporters of construction and mining equipment, and a manufacturer of diesel and natural gas engines, industrial gas turbines, and diesel electric locomotives, principally operating in construction industries, resource industries, and energy and transportation, and providing financing and related services through the financial products segment.

Written from a company news release.

Image source

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..