With the launch of four new products, global heavy machinery equipment maker Caterpillar aims to deepen its presence in infrastructure, mining and energy sector in India with innovative and cutting-edge technology.
As construction activities gain pace in the country, demand is likely to grow for high-productivity equipment, though traditional machines will also maintain their space. Equipment like excavators, motor graders, wheel loaders, paving machinery, etc.
The current market for Skid steer loader (SSL) in India is estimated to be about 500 units per annum.'We expect the market growth to accelerate with growing awareness about the machine and more focus on infrastructure development, clean India campaign, etc,'
AMIT BANSAL, Director Sales & Marketing, India Region-Building Construction Products, Caterpillar India, shares Caterpillar confidence about growing demand for compact machines like its 216B3 Skid Steer Loader.
We believe that India is at the cusp of a take-off point now, with a slew of transparent and investment-friendly policy initiatives in several sectors, especially in mining, power, construction and other infrastructure sectors.
Caterpillar Inc, a global leader in the construction equipment industry, has been active in India since 1930. With five manufacturing facilities, two R&D centres, one logistics and parts centre, and various divisional offices, Caterpillar has a wide footprint across India.