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June 28, 2016
Caterpillar hailed the completion of the transition to new management of one of its oldest dealers anywhere in the world, Tractors India Private Limited (TIPL). The transition of TIPL from Tractors India Limited (TIL) to Goodearth Minetech Private Limited under the leadership of Sunil Chaturvedi means TIPL will continue to serve Cat® customers in the north and east of India, Nepal and the Kingdom of Bhutan.
The transition also sees Sunil Chaturvedi taking over as dealer principal of TIPL from Sumit Mazumder. TIPL has been a Cat dealer for over 72 years and helped established Cat machines and engines in a leadership position in the construction, energy and transport and mining sectors. TIPL has an extensive footprint in its areas of coverage with 1,250 employees in 88 branches and touchpoints, workshops and a state-of-the-art Component Rebuild Centre in Asansol.
“We are delighted to welcome Sunil as the new dealer principal of TIPL and look forward to the continued growth of Caterpillar’s business under his stewardship in the rapidly growing economy of India,” said Raymond Chan, Vice President, ACAM (Asia Pacific, CIS, Africa and Middle East) Distribution Services, Caterpillar Inc. “We also would like to put on record Caterpillar’s deep appreciation for the dedication and effort from Sumit over the past few decades in building a solid foundation for the business. We wish him all the best for the future.”
Caterpillar operates its business of distribution of equipment, parts, and service support for its entire range of construction equipment, mining equipment and engine products in India and some of the neighbouring markets through two dealers in India. Besides TIPL, GMMCO, a CK Birla-group company, is the other Cat dealer.