Cat Connect makes smart use of technology and services to enhance the operational efficiency of the machine being used.
Vivek Vanmeeganathan, Country Head and Managing Director, Caterpillar India
Growth in construction industry
“Growth is picking up in the Indian construction industry mainly on account of government’s renewed focus on infrastructure development,” says Vivek Vanmeeganathan, Country Head and Managing Director, Caterpillar India.
The Indian government recently approved an outlay of Rs 6.92 trillion ($130 billion) for the construction of an 83,677 km road network over the next five years. The programme includes the Bharatmala scheme, under which 34,800 km of highways will be constructed at the cost of Rs 5.35 lakh crore (approximately $80 billion). This was later followed by an announcement of a plan by the Railway Minister, Piyush Goyal to invest over $150 billion in railways. In fact, India has made significant progress in developing its infrastructures in the last 2-3 years. India’s investment in infrastructure development is estimated to have risen to Rs 37 trillion ($ 570 billion) between 2013 and 2017. This marks a 56 per cent growth from Rs 24 trillion ($270 billion) spent in the preceding five years between 2008 and 2012. These investments will continue to drive growth in the Indian construction industry.
Devices that captures date
Technology is playing an important role in construction industry. According to Vivek, most project managers today use devices that capture data from excavators to crushers to concrete-batching plants. These smart devices have the ability to sense, communicate, and transmit valuable data to any place; at any time and helps project managers reduce wastage. Some of these construction technologies from Caterpillar include:
LINK, a solution that captures vital performance and product health data and makes that data available on the web to guide decision-making.
GRADE and COMPACT, two productivity solutions that help operators move material faster, more accurately and with fewer passes.
PAYLOAD, an on-board system for trucks and loading tools that drives higher efficiency, shorter cycle times and lower cost per tonne.
Cat Connect Technology
“Our most promising solution or technology is Cat Connect Technology,” says Vivek. “Cat Connect makes smart use of technology and services to enhance the operational efficiency of the machine being used. Using the data from the technology-equipped Cat assets, this program provides our customers a range of benefits – from cuttings costs to enhancing operational efficiency to improving safety of people and equipment to reducing risks.”