After a successful launch of four products in December 2017, Caterpillar India has introduced its next generation 20-ton size class excavators, Cat 320D3 and Cat 323D3, to cater to the Indian construction industry.
Said Gurman Reen, Director, Sales & Marketing, Caterpillar India: “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-ton size class excavators, Cat 320D3 and Cat 323D3 here today.”
John Fallows, Managing Director, Asia Pacific, Global Construction & Infrastructure, observed: “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”.
The new 320D3 meets road contractors’ and construction customers’ demand for low owning and operating costs. The 320D3 consumes 15% less fuel than its predecessor 320D2 and shows 5% 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 1.2 m³ 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 Pvt. Ltd. (GCPL) are two dealers in India with a total of 230+ outlets and more than 1,350 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 the 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 New Delhi to introduce the excavators.
Caterpillar has been active in India since 1930s and its machines have built everything from roads and airports to pipelines and buildings. The company believes it is uniquely positioned to partner in India’s growth story with its unrivalled global experience in project implementation and manufacturing. The company has state-of-the-art manufacturing facilities in Thiruvallur and Hosur in Tamil Nadu, and Aurangabad and Banda in Maharashtra, some of which are manufacturing machines for export. The Divisional offices are in Bengaluru, Chennai, Mumbai and New Delhi.
The Government has launched several projects with ambitious targets to develop infrastructure in India. Key among them is the approval of the $100 billion (Rs. 7 trillion) road construction plan to develop 83,000 km highways by 2022, including the $80 billion (Rs. 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 year ended March 2018.
The Indian Construction Equipment Manufacturers Association (ICEMA) expects the construction equipment industry to reach $5 billion by 2020, with sales of excavators growing about 20%, according to Off-Highway Research.