Caterpillar celebrates 50 years of manufacturing in India
Caterpillar, the world’s largest manufacturer of construction and mining equipment, enters the 50th year 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. two million assets), and a robust worldwide dealer network serving 193 countries with approximately 1,60,000 employees.
While the company has been active in India since the 1930s, Caterpillar now has an established footprint with six state-of-the-art manufacturing facilities, two R&D centres, five subsidiary entities, eight Caterpillar brands and numerous global support organisations. The company's strategy reflects the legacy and unparalleled commitment to meet its customers’ 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.
“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. Umpleby, who is also a board member on the US-India Strategic Partnership Forum, said our India team’s dedication and commitment to providing service excellence to our customers has been pivotal in reaching this milestone anniversary.
“This year denotes the golden jubilee anniversary as we enter into 50 years of manufacturing in India,” said Caterpillar India Country Manager, Bansi Phansalkar. “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,” he further added.
Talking about Caterpillar’s commitment towards
the sustainable community Mr Phansalkar said, “We pursue various 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 remains focused on providing world-class products and after-market service solutions to its customers in India and around the world.
About Caterpillar India
Caterpillar has been active in India since the 1930s. Today, together with our dealers, we employ more than 11,000+ people in India, representing nearly every part of Caterpillar’s business. Our India presence includes state-of-the-art manufacturing facilities, high tech research and development, and numerous global support organisations. Caterpillar employees, dealers and facilities are located at hundreds of locations to serve and support our customers and respond quickly to their needs.
About Caterpillar
With
2020 sales and revenues of $41.7 billion, Caterpillar is the world’s leading
manufacturer of construction and mining equipment, diesel and natural gas
engines, industrial gas turbines, and diesel-electric locomotives. Since 1925,
we’ve been driving sustainable progress and helping customers build a better
world through innovative products and services. Throughout the product life
cycle, we offer services built on cutting-edge technology and decades of
product expertise. These products and services, backed by our global dealer
network, provide exceptional value to help our customers succeed. We do
business on every continent, principally operating through three primary
segments – Construction Industries, Resource Industries, and Energy &
Transportation – and providing financing and related services through our
Financial Products segment.