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The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
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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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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.
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Heading towards a new high!
After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.
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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.
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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.
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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.
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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.
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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.
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Challenging Terrain
The hydraulic excavator market in India has been impacted by the slowdown after the onset of COVID-19 pandemic.
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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.
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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.
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EQUIPMENT INDIA AWARDS 2019
The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.
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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.
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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.
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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.
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Privatisation of coal mining
India's coal demand-supply balance still remains tilted in favour of coal imports as the state-run miners, Coal India and the Singareni Collieries Company have been unable to entirely meet India's coal demand, especially for higher grade thermal coal/washed coal and coking coal.
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Crushers & Screens| High on Demand
With infrastructure and construction sector on fast-track, especially road sector, aggregate processing has become essential to support the construction activities with a matching pace.
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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
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India will soon see a paradigm shift in mining methods
We are confident that India will soon see a paradigm shift in mining methods and the way in which mining companies deploy equipment, and we shall witness deployment of state-of-the-art large size mining equipment in India
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Navin Group is the oldest active dealership of CE industry in MP
Being involved in the business of construction equipment for the past 27 years, Navin Group still maintains a track record of excellent customer service and a healthy market share of satisfied customers
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Ready for Long Haulage
COMMERCIAL vehicle industry experienced one of the worst and the longest spell of recessions during last three years. However, the good news is that it is reviving now. The heavy-duty (HD) trucks industry hit the peak level in 2011 with a sales of 241,000 and it dropped to 130,000 in 2013.