We will introduce the right products for our customers
Equipment

We will introduce the right products for our customers

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 pathbreaki...

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. 

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000