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Heavy Equipment Market To Double To $4 Bn In 3 Yrs: Caterpillar

Industry Engineering

According to the US-based Caterpillar, India's heavy equipment market to double to over USD 4 billion over the next three years given the pick-up in mining, but ruled out capital investment as it already has built enough capacity for the next decade. Moreover, it is about to commission USD 150 million unit in Aurangabad shortly.

 Extracted from ET, Feb 19,’16


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