Page 15 - Construction_Opportunities_January_2025

COVER STORY

exponential demand for construction and mining equipment among the products that we make in India. We don’t just build
across sectors such as rail, road, ports, airports, and power machines; we’re building India’s tomorrow, and our journey has
projects. At Volvo CE, we are committed to lead this transformation been both transformative and aligned with our global vision. India
by offering India-centric solutions through our latest technological is an important global manufacturing hub, and recognizing it as
innovations,” said Dimitrov Krishnan, MD, Volvo CE India. “The all- such, we’ve invested significantly in our local operations.
new EC210 exemplifies our commitment and approach to deliver Seconding his inputs, Amit Bansal, Director Sales & Marketing,
products that deliver ‘Zyada’ performance Building Construction Products (BCP), Caterpillar India Pvt Ltd.,
and reduced cost of ownership to the mentioned, “At present over 7,300 people work at Caterpillar
value-conscious Indian customer. With and about 4,000 people work at Cat
this product launch, we have also built a dealers. Our R&D facility in Chennai leads
supporting ecosystem by widening our sales technology innovation across manufacture,
network, investing in digital technologies to design and engineering services to
enable 48-hours service assurance and Caterpillar BUs across the globe. We have
strategically partnering with Shriram Automall for easy exchange or pioneered customer and product led
disposal of used machines, thus enabling circularity,” he added. innovations driving industry leadership in
Alongside the EC210 launch, Volvo Construction Equipment (Volvo sustainability, safety, productivity, efficiency, producing world-class
CE) has also partnered with Shriram AutoMall (SAMIL), India’s largest products for India and exporting Indian-made products across the
‘phygital’ marketplace for pre-owned vehicles and construction globe. These indigenization efforts not only enhance Caterpillar’s
equipment. This collaboration aims to establish a robust ecosystem competitiveness in the Indian market but also align with the
for machine exchange and disposal, serving customers interested government’s ‘Make in India’ initiative, promoting domestic
in purchasing new Volvo machines by replacing their existing fleet. manufacturing and economic growth. Through these endeavours,
This initiative aligns with Volvo’s strategic ambition of promoting Caterpillar continues to meet the evolving market requirements
circularity in equipment lifecycle management, supporting while fostering a stronger presence in India’s construction and
sustainable practices for second-life and end-of-life disposal. infrastructure development landscape.”
Mukul Dixit, Director – Sales & Marketing for Global Construction Tata Hitachi Construction Machinery – a joint venture between
& Infrastructure (GCI), Caterpillar India, “Caterpillar has been Tata Motors Limited (40%) and Hitachi Construction Machinery
manufacturing in India for over 50 years. At present, our footprint Limited (60%), has been an integral part of India’s growth story
includes state-of-the art manufacturing for more than six decades. The organization’s unwavering
facilities, high tech research and commitment to manufacturing high-quality construction
development, as well as numerous global equipment, has played a crucial role in numerous significant
support organizations. Off-highway trucks, infrastructure and mining projects across the country. “Our
large mining trucks, hydraulic excavators, slogan ‘Aao Kartavya Nibhaye, Chalo Desh Banaye’ transcends
motor graders, skid steer loaders, backhoe boundaries and unites people under the common goal of
loaders, engines, and generator sets are nation-building, fostering a sense of pride, unity, integration,

JANUARY 2025|CONSTRUCTION OPPORTUNITIES 15