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Launch of new Cat® 424 backhoe loader
Gmmco and Caterpillar launched the all-new Cat®424 on July 23, 2021, in a grand online event. The event saw enthusiastic participation from numerous customers and industry insiders.
Launch of new Cat® 424 backhoe loader
Gmmco and Caterpillar launched the all-new Cat®424 on July 23, 2021, in a grand online event. The event saw enthusiastic participation from numerous customers and industry insiders.
Best debutant award
Ankit Goel, Chief-R&D, Escorts Construction Equipment (centre) receiving the award from Steve Jones, Senior Director, Industry Insights Research, Dodge Data & Analytics (right), in the presence of Pratap Padode, Founder and President, FIRST Construction Council (left).
Light at the End of the Tunnel
The slowdown in infrastructure development, a major driver for the construction equipment industry, had resulted in reduced demand in recent years. However, with a new stable government in place, infrastructure development is expected to be back on the fast track soon.