Arvind K Garg, Executive Vice-President and Head-Construction & Mining Machinery Business, Larsen & Toubro, speaks on the various product offerings from your company in the HEX segment.
Larsen & Toubro, an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, has completed platinum jubilee of one of its oldest businesses, construction and mining machinery business (CMB).
Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.
Skill improvement can never be over-emphasised. On one hand, the complexity of the job requirement is increasing and on the other, equipment are becoming more and more complex with the introduction of many operating modes, advent of mechatronics and Information and Communication Technology (ICT) tools.
L&T Construction & Mining Machinery has set up a new Service Centre in Singrauli, the heartland of India?s coal industry. The new facility was inaugurated by Arvind K Garg, Executive Vice-President & Head, Construction & Mining Machinery Business, Larsen & Toubro in the presence of a galaxy of top customers from public sector and private companies.
The infrastructure sector is today undoubtedly one of the strong pillars of the Indian economy and the current Union Government is strongly focused in its approach towards development of infrastructure.
At the 11th governing body meeting of the Infrastructure Equipment Skill Council (IESC) held recently, Anand Sundaresan, Vice-Chairman and Managing Director, Schwing-Stetter India, was elected as the Chairman of the council, while Arvind Garg, Executive Vice-President and Head, Construction and Mining Machinery Business, Larsen & Toubro, was appointed as the Vice-Chairman.
Customers in India have always been divided between the ones who chose traditional, proven, 'will work for sure' products and the ones who want products that are forward-looking, path-breaking, or simply ahead of its time.
Material and earth movements are the major work content of all infrastructure developments and mining activities. Front-end loaders, backhoe loaders, dozers and application-centric equipment as options for the users to choose from to suit individual requirements.
The BAUMA CONEXPO INDIA 2016 held during December 12-15 reflected the positive sentiments of the equipment industry on the floor. A detailed report on the expo, interaction with exhibitors and details of products and technologies showcased.
Industry trends: Current industry is very definitive, a state where there is transformation. Practices of doing work, technologies growing and the customers also transitioning from a cart to equipment which deliver brand.
In India, largely the coal produced is consumed locally, and not exported. Coal India is not able to reach their target of coal production. For higher production and for meeting the target, they need good machines.
As far as procurement of medium to big size mining equipment by key players in the mining industry is concerned, the trend is towards evaluation based on Total Cost of Ownership, Life Cycle Costing, bundling equipment with Full Maintenance Contracts and Guaranteed Parts Consumption contracts.
Since its entry into the construction and mining equipment industry in India, Larsen & Toubro has made rapid strides to become one of the leading companies in the industry with its products and innovations. Arvind Garg elaborates.
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
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
Komatsu products backed by L&T sales and service network is the best combination that a customer can ask for. L&T is in this business for more than 70 years now and not only has the best infrastructure, but also has the best manpower resource in the country.
Market indicators show visible signs of economic recovery and infrastructure development. Crawler excavator segment is expected to witness resurgence in sales from 2015 and is expected to grow to 26 per cent.