Caterpillar

Caterpillar to double capacity

Caterpillar to double capacity

The US based mining and construction equipment giant, Caterpillar has recently said that the company has bullish plans for its growth in the Indian market for the coming times.

Notably, the company has recently announced that it will be investing a hefty amount of money in doubling its capacity at its truck manufacturing plant in Chennai.

While the expansion is expected to meet the rising demand of its products in the Indian market and as well as for the other parts of the Asian continent, the company is planning to invest USD 700 million over the next four years.