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.

Unlocking the mining potential

The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.

Trending mining equipment and features

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

CIL fast tracking equipment procurement plan

According to reports, Coal India (CIL) is fast tracking the process of procuring 360 high capacity mining equipment valued at over Rs 70 billion to bolster production.

Government should fast-track the procurement

After a lull in the past three years, mining, especially coal, is set to show significant growth in the next few years. Coal India (CIL) is doing its best to increase coal production quickly, from the current 568 million tonne per annum (mtpa) to 927 mtpa by 2020.

Gmmco is here to stay for the long haul through good and bad times

Gmmco, a C.K. Birla Group company, is celebrating 50 years of exemplary business this year. On this special occasion, H Jayaram, Managing Director & CEO, Gmmco Ltd, spoke exclusively with EQUIPMENT INDIA.

Large Miners Forward

While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India

Mining Growth

India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.

Mining Potential

With the growing demand for increased output of coal and iron ore and other minerals, the demand for mining equipment and machinery is expected grow manifold.

German companies are planning more investments in India.

German investors are taking a positive long-term view of Indian market and continue to invest in their operations to tap growth opportunities. Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

Realising the mining potential