Caterpillar to Invest $210 Million in India

Will build Perkins engines and expand truck making for expanding market

Caterpillar Inc. said it will invest $210 million in India as the heavy machinery giant looks to capitalize on an expected spurt in road construction and infrastructure development in one of its important markets.

Cat will invest $150 million to build a facility that will produce its Perkins-branded 4000 Series engines, and an additional $62 million in its existing off-highway truck manufacturing facility in Chennai.

(More on Caterpillar expansion in India . . . )