JBMO-SL 2014 A6

Let $a, b, c$ be positive real numbers. Prove that

$$\left(\left(3 a^{2}+1\right)^{2}+2\left(1+\frac{3}{b}\right)^{2}\right)\left(\left(3 b^{2}+1\right)^{2}+2\left(1+\frac{3}{c}\right)^{2}\right)\left(\left(3 c^{2}+1\right)^{2}+2\left(1+\frac{3}{a}\right)^{2}\right) \geq 48^{3}$$

When does equality hold?