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 per cent according to Off-Highway Research.

?To cater to the demand of our customers for a more reliable and 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 class excavators, Cat 320D3 and Cat 323D3 here today,? said Gurman Reen, Director - Sales & Marketing Caterpillar India.

The new 320D3 fits road contractor?s and construction customers? demand for low owning and operating costs, according to the company. The 320D3 consumes 15 per cent less fuel than its predecessor 320D2 and shows 5 per cent 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 large 1.2 cu m severe duty bucket. To further customer advantage, they come with simple, easy to maintain robust systems to keep the machine up and running all day, every day.

GMMCO and Gainwell Commosales Pvt Ltd (GCPL, formerly TIPL) are the two dealers in India with a total of 230+ outlets and more than 1,350 field service technicians. ?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.

?We are optimistic about the pace of infrastructure development here in India and we will continue to invest the best of our technologies and experiences to meet the unique demands of India and our customers,? said John Fallows, Managing Director, Asia Pacific, Global Construction and Infrastructure, Caterpillar Asia Pte Ltd.

?We want our customers, big and small, to be more successful using Caterpillar products. Caterpillar does this by offering solutions beyond its machines by combining services and technology, such as data analytics and automation. These combined offerings enable our customers to better manage and track projects, monitor safety and performance and measure productivity,? said Giacomo Bottone, Worldwide Medium Excavator Product Manager, Caterpillar Inc.