# TIPL to build underground mining equipment plant in Asansol, India

Tractor India Pvt Ltd (TIPL) will set up an underground mining equipment manufacturing plant in Asansol, India, with an investment of Rs 120 crore. The facility will use Caterpillar technology and start commercial operations in Q3 2018.

- Type: New facility
- Announced: 2017-12-07
- Where: Asansol, India
- Value: $18.5M (1.20B INR)
- Starts operating: Q3 2018
- Status: announced
- Capacity: 2-3 machines per year
- Products: underground mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Tractor India Pvt Ltd](https://endata.com/companies/28670.md)
- [Caterpillar](https://endata.com/companies/1968.md) (partner)

## Sources

- [india.com](https://www.india.com/news/tipl-to-set-up-underground-mining-equipment-unit-at-asansol-2725033/), 2017-12-07: "The factory would start commercial operations from the July-September quarter next fiscal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.