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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.
Mathur of Tata Hitachi: Mining policy revival offers promise for new players
Hemant Mathur, AVP – Sales and Marketing, Tata Hitachi Construction Machinery, speaks on the overall performance of the mining sector in India, and the segments that are driving the demand for their products.
Unlocking the mining potential
The future of the Indian mining equipment market looks good with opportunities in underground mining and surface mining.
In 2022, the market for hydraulic excavators may touch 25,000 units
Last year, the excavator market touched 18,000 units. The start of last year was good. Later on the numbers dipped due to Covid-19 pandemic. However from September onwards, the market picked up.
Demand has started picking up
Anirban Sen, Underground Business Manager Asia Pacific & India, Epiroc Mining, shares more on the demand trends and market outlook for tunnelling equipment. Epiroc Mining offers a wide range of tunnelling equipment for underground mining and underground civil work applications.
Tunnelling equipment demand has started picking up
Epiroc Mining offers a wide range of tunnelling equipment for underground mining and underground civil work applications. Anirban Sen, Underground Business Manager Asia Pacific & India, Epiroc Mining, shares more on the demand trends and market outlook for tunnelling equipment.
Transforming Mining Safe and Productive
Underground mining is an extremely tough mining method with various risk factors involved.
Caterpillar delivers equipment and collaborative support
Caterpillar offers a wide range of equipment and solutions for underground metal mining and coal mining in 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.