Caterpillar Boosting India Operations

Caterpillar Inc. said Wednesday it will build a $150 million engine manufacturing facility in India to produce engines and will invest $62 million in its existing off-highway truck manufacturing facility there.

The engines will branded by Perkins, a Caterpillar subsidiary.

India has “embarked on an aggressive plan to accelerate road construction and overall infrastructure development, and Caterpillar and our dealers are continuing to make investments in India to support these growth plans,” said Caterpillar Group President Rich Lavin.