Caterpillar India Engineering Solutions Private Limited (CIESPL) is an Indian subsidiary of Caterpillar Inc., an American corporation that designs, manufactures, markets, and sells machinery and engines, including construction equipment, mining equipment, and power generators.
Products: CIESPL provides engineering and research and development services to Caterpillar Inc., supporting the development of new products and technologies.
The company operates in the manufacturing and engineering industry in India and competes with other major players such as Larsen & Toubro and Tata Technologies.
The future of CIESPL will depend on its ability to continue to provide high-quality engineering services and support Caterpillar’s growth and innovation. The company is expected to focus on electric and autonomous technology in the coming years, as well as expanding its engineering capabilities in India.
In terms of revenue and profit, the company does not disclose this information publicly as it is a privately held subsidiary of Caterpillar Inc. However, Caterpillar Inc. reported a total revenue of USD 41.7 billion for the fiscal year 2020, with construction industries and energy and transportation as its major business segments.