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Unearthing Potential
Today, mining is a $1 trillion industry, providing materials for everything from the energy sector to the commercial goods market.
Fighting Fire with Innovation
As the coal mining industry continues its quest for enhanced safety measures and environmental consciousness, integrating fire resistant hydraulic fluids emerges as a pioneering solution with the potential to mitigate fire hazards and elevate operational security to unprecedented heights. The author explains the need for fire resistant hydraulic fluids and their importance within the coal mining industry.
Driving Innovation
OTR tyre innovation is transforming India’s mining and construction industries.
OEMs are preferring radial tyres in the mining segment
Bridgestone India offers premium range of commercial and industrial tyres for all types of terrain and vehicles. Rohit Mathur, Head Strategy, OTR and Communications, Bridgestone India, speaks on the current state of OTR tyre manufacturing industry in India.
India's coal production hits billion-tonne milestone
India's coal production has reached a significant milestone, surpassing the billion-tonne mark, a development that underscores the nation's strides towards energy self-sufficiency and reduced import dependence.
We utilise telematics to monitor machine health
Amarnath Ramachandran, Managing Director, ARX Mining & Construction Equipment
Grading the Future
As the demand for advanced road networks and improved connectivity continues to surge, the clamor for motor graders in the construction industry is reaching unprecedented heights.
We plan to add more products to our mining portfolio
Amarnath Ramachandran, Managing Director, ARX Mining & Construction Equipment
Poised for growth
As coal mining activity escalates, the need for tipper trucks will rise.
Fuelling Innovation
Lubricants are essential to keeping engines and industrial machinery in optimal condition.
Embracing the Rental Revolution
Rental penetration is a bit low in the mining equipment industry, but it is increasing on YOY basis due to awareness and availability of latest mining equipment.
The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
Geology and Reserves of Indian Coal
India ranks second amongst the coal producing countries of the world in terms of annual coal production. However, in respect of coal resources, it is endowed with less than 1 per cent of world coal resources.
New mining machinery are driving demand for all-steel radial tyres
Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.
Navigating the Depths
How IIoT is enhancing safety and efficiency in underground mining.
Coal continues to be the major demand driver in mining
Arvind K Garg, Senior Vice President and Head, L&T Construction and Mining Machinery, speaks on the construction and mining equipment market in India.
We are continually enhancing our product
Yogesh Kumar, Director – Technical Service, Minimac Systems, speaks on the various solutions offered by the company, and its salient features.
Mining the Future
With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.
The next 10 years will be an important period for mining in India
Karthik Bala, Mining Regional Manager, Resource Industries Sales, Services and Technology, Caterpillar India, speaks on the company’s technological offerings for the mining segment.
Mining opportunities!
Government’s thrust on coal mining is expected to significantly impact demand for mining equipment.
Equipment manufacturers lead IoT mining revolution
Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.
Heading towards a new high!
After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.
R Kumar of Elgi: We plan to increase our range of portable screw air compressors
Ramesh Kumar G of Elgi Equipments speaks on the key applications of mobile air compressors in construction, mining, and drilling operations.
Small is the New Big!
Air compressors are necessary at any construction site. Compared to non-portable air compressors, the smaller machines produce significantly less noise, and are used to complete jobs at any locations.
Enhancing efficiency
India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.
Poised for growth
With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.
Opportunities galore
The construction industry across the globe is anticipated to present significant opportunities for construction equipment.
OTR tyre market has bright prospect
India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.
Unlocking the mining potential
The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.
Fully loaded with opportunities
For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.
Wheel loader market is dominated by 120-150 HP range equipment
In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.
Portable compressors play major role in mining, infra and construction applications
The construction sector has been again impacted by the onset of the second wave of the Covid-19 pandemic.
Underground mining readies for IIoT revolution
With new innovative technology, companies are taking take digitalisation of mining operations to the next level.
Improving Machine Productivity
While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.
We expect the demand to grow for hydraulic excavators
Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro
With infra plans in place, there will be continuous growth for hydraulic excavators
Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.
Digging deeper
The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.
L&T completes 75 years of CMB biz
Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, has completed platinum jubilee of one of its oldest businesses, construction and mining machinery business (CMB).
The worst is over for the CV industry
In 2008, two leading players, Volvo Group and Eicher Motors, in the commercial vehicle business joined hands with a common vision of driving modernisation in the commercial transport business in India.
L&T’s construction and mining machinery business turns 75
The company is has achieved a lot over the years and is now one of the market leaders in the segment
L&T completes 75 years of Construction & Mining Machinery business
Pioneered industry by focusing on innovation, best-in-class service; marks supply of 60,000 cutting-edge machines in India.
Leading mining companies are now taking steps towards digitalisation
Alok Kumar Verma, Director – Mining Business (India Region), Hexagon Mining, elaborates on the mining scenario in India and how digital solutions can transform the industry.
Coal India approves record 32 mining projects at Rs 47K cr
Scripting a record high, Coal India Limited (CIL) has approved 32 coal mining projects in the current fiscal till January 2021, which indicate an estimated incremental capital of around Rs 47,300 crore.
Bounce back
Construction equipment finance has bounced back after the pandemic-forced lull.
Govt’s infra focus will boost demand for CE”
Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.
New Avenues to Growth
The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.
Mining reforms have brought the confidence back
Souma Ray, Director, Haulotte India shares his thoughts on the AWP market outlook and the company’s activities.
OTR tyres on the move
With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.
Coal mining is expected to drive demand
PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.
Mining market scenario
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
Tipper trucks market gearing up
Revival in mining and gradually picking up construction activities are expected to bring back the demand in the coming months.
Reforms will boost recovery
Reports show an impressive recovery for the Indian economy in the July-September quarter (Q2) from the record decline of the first quarter, indicating that the economic activity has been gathering pace. The economy in Q2 however continues to be contracted.
We are planning to introduce digital dashboards
Indranil Roy, Director - Mining, thyssenkrupp Industries India, shares some facts on the company’s presence in bulk material handling space and the market trend.
Adaptability and agility are our core strengths
Gagandeep Singh Gandhok, Senior Vice President – HD Truck Business, VECV, shares his views on the market scenario and the company’s plans.
Mining opportunities and challenges
Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.
We see huge potential for digital technologies in mining
Alok Kumar Verma, Director - Mining Business (India Region), Hexagon Mining, elaborates on the mining scenario in India and how digital solutions can transform the industry.
Wheel Loaders: Loaded with Opportunities
Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.
Mobile Compressors: Staying Powerful
Mining policy revival and recovery of construction activities can bring back the power in mobile compressor market. Next year could see the industry back in full action which can drive the growth of mobile compressors in the long term.
We have products to match core infra requirements: Tony Van Herbruggen
Atlas Copco products are designed and developed for Indian job site conditions with various innovations through reengineering. Tony Van Herbruggen, General Manager, Power Technique Customer Center, Atlas Copco (India), shares more on the new product range and solutions for the market.
Energy efficiency will be the driving force in the future: Rajesh Premchandran
More than 95 per cent of ELGi’s portable air compressors are powering drilling operations. Rajesh Premchandran, Director – ISAAME (India, South Asia, Africa and Middle-East), Elgi Equipments, shares more.
India will be a high growth market: Vivek Hajela
L&T has fully conceptualised, designed, developed and manufactured in-house wheel loaders with more than 90 per cent components sourced domestically. Vivek Hajela, General Manager and Head - Construction Equipment Business, Larsen & Toubro, shares more on the market scenario and outlook.
Unlocking opportunities
Though the ongoing COVID-19 pandemic has put a brake on the growth of the bearings industry, the market is expected to bounce back and continue to grow from next year onwards.
We are very positive towards underground mining
For underground coal mining, continuous miner technology has proved to be flexible, productive and more suitable for Indian conditions. Shib Bhowmik, Managing Director, Komatsu Mining Corp, India, shares more on the current scenario and technology trends in underground mining.
41 coal mines on offer for commercial coal mining
Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference. The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for allocation of the coal mines.
Challenging Terrain
The hydraulic excavator market in India has been impacted by the slowdown after the onset of COVID-19 pandemic.
Towards better Mining
The measures announced by the government for mining industry are expected to have a positive impact in the coming years.
41 coal mines on offer for commercial coal mining
Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.
Commercial coal mining can reduce coal import: CRISIL
The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal because of substitution through domestic production.
Coal Ministry initiatives to improve mining efficiency
The Coal Ministry has taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector
We will continue to innovate and expand: Ramesh Palagiri
Ramesh Palagiri, Managing Director & CEO, Wirtgen India, speaks on the market opportunities
Commercial coal mining can reduce coal import: CRISIL
The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.
Coal Mining Made Easy
Indonesian contractor PT Bangun Olah Sarana Sukses is using A60H articulated haulers and EC480DL crawler excavators from Volvo Construction Equipment to save cost and increase efficiency at its coal mining site in East Kalimantan.
Gaining Momentum
Tipper market is expected to bounce back in the coming years with the demand picking up steadily in road construction and mining.
On revival Path
In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.
Government?s coal mining plans in FY20
The Union Government has planned exploration of 37 coal blocks and 10 lignite blocks along with drilling of 121 coal blocks and one lignite block in the current fiscal in addition to exploration and drilling of coal blocks allocated to Coal India (CIL), according to Pralhad Joshi, Union Coal Minister.
Mining Gains
The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.
On the right path
It is a fact that the industry is under tremendous pressure of economic slowdown. However, hopes are alive as the government is listening to the problems of the industry and working out resolutions for a faster recovery.
EQUIPMENT INDIA AWARDS 2019
The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.
Mining Needs a Leg-up
For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.
Thwarting challenges
The construction equipment (CE) market was predicted to be flat this year due to elections and uncertainty in the new political scenario. The industry was cautiously optimistic.
On Sustainable Growth
The portable air compressor market is growing consistently in the past couple of years, which is to continue in the coming years as well with most of the application markets are picking up.
Banking on Coal Mining
While coal mining and quarrying will drive the growth of mining equipment, other mining segments will see a relatively lower growth demand for mining equipment. Pavethra Ponniah, elaborates more on the market trend.
Cautiously Optimistic
The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.
Transforming Mining Safe and Productive
Underground mining is an extremely tough mining method with various risk factors involved.
Mechanisation is growing in underground mining
Komatsu Mining Corp is a major equipment manufacturer in underground mining operations.
Caterpillar delivers equipment and collaborative support
Caterpillar offers a wide range of equipment and solutions for underground metal mining and coal mining in India.
COMPRESSOR with never-before experienced fuel efficiency
With a focus on improving productivity, operating and running efficiency as well as residual value, Atlas Copco's new XRH 1100 plus improves customer's profit in drilling operations with 11 per cent better fuel efficiency.
Pushing Growth
Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.
Supporting PERFORMANCE
Two Liebherr R 976 crawler excavators are at the heart of production in South African coal mine achieving an output of 280 cu m per hour for 20 working hours a day.
Our integration facility will be ready in 2019
At the bauma India, Enovation Controls launched two new products that are going to hit the market in 2019, apart from showcasing a wide range of BS IV solutions.
To make our new strategies a reality is our focus
Kobelco Construction Equipment India has focussed on two aspects at bauma CONEXPO INDIA this year: Attachments which is a special application and its newly launched 52-tonne mining machine SK520.
Reaching out to infra needs
Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.
CE components market overview
The components, accessories and spares market is all set for a renewed growth in future in the light of increased construction activities.
"Mining equipment industry is on a high-growth trajectory"
Caterpillar products and services are designed to meet the high production and low cost per tonne demands of the industry.
India has great potential in mining
The mining market in India is growing, but at a slower pace compared to other industry segments due to stringent regulations and environment related challenges.
Demand is expected to remain buoyant in the near future
Elgi Equipments offers portable compressed air solutions for a wide range of applications. Ramesh Ponnuswami, Executive Director, Elgi Equipments shares more on the industry scenario and solutions offered by the company.
Poised for growth
Bulk material handling systems are mainly used in coal and mineral processing applications, ports for handling bulk cargo, food processing, sand, gravel, etc. Conveyor systems are the majorly used bulk material handling equipment.
Aggregate Boom,Policy Gloom
Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.
Pushing Boundaries
With the demand for excavators growing in the market, OEMs are introducing new features to further improve the efficiency and productivity of the machines, helping in quick and qualitative project execution.