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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.
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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.
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Unlocking the mining potential
The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.
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Greater Potential
Indian industry has great potential for Germany especially in the areas of manufacturing, infrastructure and energy which are major growth sectors in India.
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Indo-German Trade in Engineering Sector in 2018
In 2018, the total import of machinery from Germany reached a value of ?3.40 billion. Germany is known globally for its engineering technology.
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Ambitious on Indian infra sector
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
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German CE sector grows
Turnover achieved by German manufacturers of construction equipment in 2014 grew by eight per cent, equaling ?8.4 billion in total, and, with this, is higher than was originally expected. This amount is about the same as was reached in 2006.
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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.