Caterpillar, the world’s largest manufacturer of construction and mining equipment, launched its Next Generation Excavators Cat 320D3 and Cat 323D3 from its Thiruvallur manufacturing plant in Tamil Nadu, India.
After a successful launch of four products in December 2017, Caterpillar India today announced the launch of its Next Generation 20-tonne size class excavators, Cat 320D3 and Cat 323D3 to cater to the Indian Construction Industry.
The Government of India has launched several projects with ambitious targets to develop infrastructure in India. Key among them is the approval of the US$100 billion (INR 7 trillion) road construction plan to develop 83,000 km highways by 2022, including the US$ 80 billion (INR 5.35 trillion) Bharatmala project. Fuelled with this renewed emphasis, construction of national highways hit an all-time high of about 10,000 km (which translates to 28 km a day) in the financial year ending on March 2018.
The Indian Construction Equipment Manufacturers Association (ICEMA) expects the construction equipment industry to reach US$5 billion by 2020, with sales of excavators growing about 20 percent according to Off-Highway Research.
“To cater to the demand of our customers for a more reliable and more powerful heavy-duty excavator equipped with state-of-the-art technology, higher productivity, lower fuel consumption and lower maintenance costs, we have launched these two Next Generation 20-tonne size class excavators, Cat 320D3 and Cat 323D3,” said Gurman Reen, Director, Sales & Marketing, Caterpillar India.
The new 320D3 fits road contractors’ and construction customers’ demand for low owning and operating costs. The 320D3 consumes 15 percent less fuel than its predecessor 320D2 and shows 5 percent lower maintenance cost with much lower owning and operating costs. The new 323D3 is built to endure the toughest job on the site with the 1.2m3 severe duty bucket. To further customer advantage, the excavators come with simple, easy to maintain robust systems to keep them running all day, every day.
GMMCO and Gainwell Commosales (GCPL, formerly TIPL) are two dealers in India with a total of 230+ outlets and more than 1350 field service technicians. There are 19 Caterpillar parts distribution centres that serve India for the best in class service experience of customers. The new excavators are launched with service response time assurance for high machine uptime. “The advanced features combined with exciting launch offers of extended warranty, financing options, rental solutions, customer service agreements and our unmatched dealer product support capability would be a sure delight to customers,” said H. Jayaram, Managing Director & CEO, GMMCO and Sunil Chaturvedi, Chairman and Managing Director, GCPL, who were present at the press conference held in Meriden, New Delhi.
“We are optimistic about the pace of infrastructure development here in India and we will continue to offer the best of our technologies and experience to meet the unique demands of our customers in India”, said John Fallows, Managing Director, Asia Pacific- Global Construction & Infrastructure.