Tuesday, October 15, 2024

CaterpillarĀ®Celebrates 50 Years of Manufacturing in India

CaterpillarĀ®, the worldā€™s largest manufacturer of construction and mining equipment, enters the 50thyear of manufacturing in India.The company has a long history of equipping its machines with leading-edge technology to increase the safety, productivity and efficiency of its operational sectors. Globally, Caterpillar has more than 95 years of product support expertise, a large installed base (approx. 2 million assets), and a robust worldwide dealer network serving 193 countries with approximately 160,000 employees.

While the company has been active in India since the 1930s, Caterpillar now has an established footprint withsix state-of-the-art manufacturing facilities, two R&D centers, five subsidiary entities, eight Caterpillar brands and numerous global support organizations. The company’s strategy reflects the legacy and unparalleled commitment to meet its customersā€™ needs in India and around the world with the best-in-class product solutions and service innovation. Caterpillar and its strong dealer network employ more than 11,000 people directly and even more with its local supply base in India.

ā€œCaterpillar has been part of Indiaā€™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,ā€ saidCaterpillar Chairman and CEO JimUmpleby.Umpleby, who is also a board member on the US-India Strategic Partnership Forum, said our India teamā€™s dedicationand commitmentto providing service excellence to our customershas been pivotal in reaching this milestone anniversary.

ā€œThis year denotes the golden jubilee anniversary as we enter into 50 years of manufacturing in India,ā€said Caterpillar India Country Manager, Bansi Phansalkar. ā€œIt is remarkable to note that CatĀ® equipment was used in the construction of Bhakra Nangal damback in 1948. Caterpillar has been supporting the growth in mining, construction, transportation, power generation and infrastructure development throughout India,ā€ he further added.

Talking about Caterpillarā€™s commitment towards the sustainable community Mr. Phansalkar said, ā€œWe pursue various CSR [corporate social responsibility] 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.ā€ Caterpillar is one of the largest exporters of construction and mining equipment and remains focused on providing world-class products and after-market service solutions to its customers in India and around the world.

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox