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India urged to reform mineral exploration policies

Sumit Deb the outgoing President of the Federation of Indian Mineral Industries (FIMI) has called for comprehensive reforms to stimulate mineral exploration in India

Madhya Pradesh invites tenders for auctioning 51 mineral blocks

In an effort to enhance India's self-reliance in strategic resources, the government of Madhya Pradesh has issued a notice inviting tenders (NIT) for the auction of 51 mineral blocks.

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

The demand trend for earthmoving equipment is expected to remain positive

Nischal Mehrotra, Vice President (Sales & Marketing), Liugong India, speaks on the emerging technology trends in the earthmoving equipment industry in India.

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.

infra demand boosts rental market

Rental is the future. Infrastructure stimulus measures and pent-up demand in the Indian market suggest growth ahead for equipment rental firms.

Restart of govt flagship programmes will lift up excavators market in 2021

According to the Off-highway Research, the sale forecast for crawler excavators from 2019-2024 is 24 per cent whereas the mini excavator market is expected to grow by 39 per cent during the given duration.

Structural reforms in mining sector to realise its true potential: Pralhad Joshi

The proposed changes in mining sector to increase private sector participation

Govt to auction 27 coal mines

The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings.

iQuippo organises Paison Ki Nilami

Commenting on this occasion, Anant Raj Kanoria, CEO, iQuippo, said, ?We have noticed that in the market customers always want to negotiate pricing and interest rates and we through our platform want to digitise and make this process transparent

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.

We see double-digit growth for industrial lubricants

With about 200 distributors and extensive logistical reach, GS Caltex India has consolidated its presence in Indian market. Rajesh Nagar, Managing Director & CEO, shares more on the market opportunities for lubricants in Indian construction and mining industry

Growth in equipment finance market to continue

There has been a substantial upswing in sales of construction equipment during the last two years, mainly driven by commissioning of major infrastructure projects by the government in roads and other sectors.

Centre directs states to begin auction of non-captive mines

The Central Government has asked the states to begin auction of 348 non-captive mining leases that are expiring in 2020. This shall provide enough time to the successful bidders to seek necessary clearances before commencing operations.

We have sold over 25,000 used equipment through physical bidding

Shriram Automall India is the number one service provider of used construction equipment in the country. Sameer Malhotra, CEO, Shriram Automall, elaborates on the used equipment market in India and the company's services to customers.

Equipment Finance Sets to Outperform

Construction equipment market in India has evolved and become a major one in the global market place. With the evolution of the market, awareness about the various equipment class and their use, and above all, the construction and infrastructure development activities picking up momentum, the equipment finance market has opened up to all equipment categories.

Rajasthan to e-auction 4 mining blocks

The Rajasthan state government will conduct an e-auction of three limestone and a copper block. In a pre-bidding conference held earlier last month to this regard, the state government had permitted auctioning of five large-scale mining blocks in 2016-17. The Department of Mines had notified auctioning of the blocks.

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.

Cabinet approves new mineral exploration policy

The Cabinet has approved the National Mineral Exploration Policy (NMEP), which will pave the way for auction of 100 prospective mineral blocks, boosting India

Convert your surplus assets into cash

It takes special expertise to get the best value to owners from the sale of surplus assets. Quippo has designed an auction platform to buy and sell construction and mining equipment, commercial vehicles, industrial assets, plant and machinery, scrap and more, ensuring our customers and clients get the best asset valuation and highest return from auctions.

Govt to auction 42 mine blocks

The government will be auctioning a total of 42 blocks in the second phase of mineral auctions during 2016-17. These blocks have been identified by seven state governments for auction under the Mines & Minerals Development & Regulation (Amendment) Act, 2015.

20T and 30T Hydraulic Excavators

To begin with, used equipment segment is a highly disorganised sector... Authentic and structured market data for used equipment is not available for India, because no market surveys or analysis have been carried out so far.

Positive Indicators

Indicators are hinting that the economic momentum is back in India. The Index of Industrial Production shows capital goods output rose 11 per cent in April and slow moving projects are reviving.

20T and 30T Hydraulic Excavators

Used equipment market is the Tier II selling platform for infrastructure equipment in India. A sneak peek into the market trends of this segment. To begin with, used equipment segment is a highly disorganised sector.

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.

Demand for mining equipment from PSUs is expected to increase

Gmmco is fully geared up to serve its customers with efficient product support, so they achieve maximum uptime and productivity of CAT fleet, says S Ananthakrishnan, AVP, Mining Project Sales, Gmmco. Excerpts from the interview.

Demand for mining equipment from PSUs is expected to increase

Gmmco is fully geared up to serve its customers with efficient product support, so they achieve maximum uptime and productivity of CAT fleet, says S Ananthakrishnan, AVP, Mining Project Sales, Gmmco.

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. The mining sector has gone through major challenges in the last few years. For instance, the CE industry

Getting ready for the upturn

In spite of the unfavourable market dynamics, most of the OEMs have adopted innovative strategies to sustain themselves while keeping an eye on the coming boom. Innovative strategies are developed to retain existing customers

Coal block auction policy cleared

The Union Coal Minister Sriprakash Jaiswal has said on September 24 that the government has approved auctioning coal blocks for private steel, cement and power firms. For the first time, the policy will pave way for allotment of coal mines through competitive bidding. The Cabinet Committee on Economic Affairs has approved the policy, he added.

Quippo Fleet Management

Quippo was a prime participant in the Equipment India Conference held on 14 and 15 September, 2012. During the conference, DK Sinha, National Head?Sales & Marketing, presented Quippo?s unique service model of Asset Maintenance and Management-Fleet Management.

Quippo Construction is all poised for a phenomenal growth through expansion

The strength of QCEL lies in its pan India presence and also being the only infrastructure equipment bank having wide range of equipment, catering to both construction as well as industrial applications. It has seven equipment hubs with another 28 spokes attached to these hubs,? says HS Bhattacharjya, Chief Executive Officer, Quippo Construction Equipment and Quippo Valuers & Auctioneers. 1 - - 21564 14 98 2011-11-01 00:00:00.000 Equipment India Terex Corporation: Expanding Horizons Terex Corporation is focused on delivering customer driven solutions for a wide range of commercial applications, including for  the construction, infrastructure, quarrying, mining, shipping, transportation, power and energy industries.

Terex Corporation is a diversified global equipment manufacturer of a variety of machinery products.The company is focused on delivering customer driven solutions for a wide range of commercial applications, including the construction, infrastructure, quarrying, mining, shipping, transportation, power and energy industries. Terex operates in four business segments: aerial work products, construction, cranes, and material processing.The company Terex recently acquired Demag Cranes which is headquartered in Dusseldorf, Germany and is a leading provider of industrial cranes, crane components, harbor cranes and port automation technology. Demag Cranes' business is highly complementary to the existing Terex business, and the combination has compelling industrial logic. The combined entity would have had total revenues of close to $7 billion end of 2011 with a strong footprint in Europe and emerging markets, especially in China. Terex now employs approximately 22,000 team members in more than 50 manufacturing facilities in North and South America, Europe, Asia, and Australia. Terex products are sold worldwide primarily under the Terex?, Genie?, and Powerscreen? brands.

Terex in India manufactures backhoe loaders, skid steer loaders and materials processing equipment in their facilities at Noida and Hosur.Some of the indigenously built machines are exported to other Asian, African and Middle Eastern countries.Terex currently imports cranes, port equipment and aerial work platforms for serving the Indian market.
 
Aerial work Platforms:The aerial work platforms (AWP) segment designs, manufactures, refurbishes and markets aerial work platform equipment and utility aerial devices that are used to lift personnel and material to height. They are a productivity and safety tool that make workers more efficient by quickly and safely allowing them to work and maneuver above the ground. Aerial Work Platform products are primarily marketed under the Terex? and Genie? brands.

Construction: The construction segment designs, manufactures and markets three primary categories of construction equipment including heavy construction equipment; compact construction equipment; and road building equipment. Construction products are marketed primarily under the Terex? brand.

Cranes: The cranes segment designs, manufactures, services and markets a diverse variety of cranes including mobile hydraulic cranes, tower cranes, and specialised cranes for port and rail applications.Crane products are marketed primarily under the Terex? brand.

Material processing: The material processing segment designs, manufactures and markets materials processing equipment that is used to crush rock to smaller sizes/shapes, called aggregate. Screening and washing products are then used to sort and clean this aggregate.Materials processing products are marketed primarily under the Terex? and Powerscreen? brands.

The combined entity would have had total revenues of close to $7 billion end of 2011 with a strong footprint in Europe and emerging markets, especially in China.

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