 Online edition of India's National Newspaper Friday, Jun 27, 2008 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
| Business |
 |
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary |
Business
CHENNAI: As part of its strategic plan to increase its manufacturing footprint in the Asia Pacific region, Caterpillar inc. on Thursday announced a four-year $200 million investment to expand capacity in India. The announcement to increase engine and machinery production in India was made during a visit to Caterpillar’s India facilities by Caterpillar Chairman and CEO Jim Owens. The company will invest to significantly increase production for off highway trucks made at its facility near Chennai. It also plans to expand engine production at its facility in Hosur adding production of the Caterpillar 3508 engine. It will also be investing in capacity expansion for backhoe loaders. The company is also studying to increase the range of products made in India, with the possibility of building additional manufacturing facilities to meet demand for other earthmoving products. The increased capacity will help Caterpillar serve customers in India and Asia-Pacific said, Tom Bluth, Caterpillar Vice President in a release.
Printer friendly
page
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |
Copyright © 2008, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|