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The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
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.
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.
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.
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.
We expect the demand to grow for hydraulic excavators
Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro
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.
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.
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.
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.
Mining market scenario
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
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.
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.
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.
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
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.
Gaining Momentum
Tipper market is expected to bounce back in the coming years with the demand picking up steadily in road construction and mining.
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.
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.
"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.
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.
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.
A Success Story in Coal Mining
DECO has been successful in its mining activity with some 55 Volvo equipment in its fleet. India is blessed with some of the world?s largest coal reserves.
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.
Rural India?s steady contribution is a robust signal of the revival
India remains a focus area for us and systematic investment will be made in future as per the requirements of the market, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (India).