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.
The equipment rental market in India is expected to continue its growth trajectory in the coming years, driven by factors such as increasing infrastructure development, rising construction activities, and growing demand for advanced equipment and machinery.
Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.
Weiss Automation Solutions India, the Indian subsidiary of the Weiss GmbH inaugurated its New Campus that will house under one roof, Weiss APAC Regional HQ, India Sales Office, The Engineering Knowledge Centre, Weiss Solution Factory, Global Sourcing & Global Technical Development Centre.
The New Campus was inaugurated by Dr Juergen Morhard, Consul General of Federal Republic of Germany, Mumbai and Rajesh Nath, Managing Director, VDMA India in presence of industry leaders, key customers business partners.
With 614,000 sq m of space, about 3,700 exhibitors from 63 countries and more than 620,000 visitors from over 200 countries, the largest bauma ever held was once again a bauma filled with records.
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.
After the bitterly cold days and nights of the famed Delhi winter, spring is said to augur good tidings. Or so it is believed. Maybe, it was in continuation of this tradition that the city successfully held yet another edition of the Equipment India Awards.
Foundation of Infrastructure Research Studies Training (FIRST) hosts 5th EQUIPMENT INDIA Annual Awards
The Foundation of Infrastructure Research Studies Training (FIRST) hosted the 5th EQUIPMENT INDIA Annual Awards at Hotel LALIT in New Delhi on Friday 16th February, 2018.
The 13th International Mining and Machinery Exhibition 2016 (IMME 2016) held during November 16-19 concluded with a positive note on a possible turnaround of Indian mining industry in the coming years. The 13th Global Mining Summit (GMS) 2016 also held concurrently with the IMME 2016.
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.
Stepping closer to the concept of ?one nation, one tax?, Rajya Sabha passed the Goods & Services Tax (GST) Bill. The constitutional amendment will enable both the Centre and the states to simultaneously levy the GST, which will include all indirect taxes currently levied, including excise duties and service tax.
The evening of March 16, 2016 was a matter of pride for EQUIPMENT INDIA as a large number of stakeholders from the construction equipment (CE) community gathered at the Commission Hall of FICCI Delhi to celebrate, in letter and spirit, the 3rd Annual Equipment India Awards.
German companies in India are looking forward to the implementation of GST in 2016 which would help in the ease of doing business here, says Rajesh Nath, Managing Director, VDMA India.
The Indian market is served for many years, not only because of the need of raw materials to foster the nation economic growth but also because India is the third largest producer of coal. Difficult regulatory framework and business environment slow the development of coal production.
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.
An overwhelming majority of bC India exhibitors (79 per cent) expect the economy in the region to improve and to continue growing, says Rajesh Nath, Managing Director, VDMA India Services.
The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.
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
German investors are taking a positive long-term view of Indian market and continue to invest in their operations to tap growth opportunities. Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.
German investors in India take a positive long-term view of the Indian market and continue to invest in their operations and tap growth opportunities. . Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination for German business in India.
The bC India show will facilitate closer interaction among German technology suppliers and the Indian construction industry, paving the way for increased global interest in the Indian market. Hence it would be a ?win-win? situation for the industry, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.
There has been a seismic shift underway in the sales trends in construction equipment globally, a trend that is expected to continue. India has witnessed a substantial number of regional equipment manufacturers and international OEMs from various parts of the world are stepping up their presence and activity levels in key markets, especially in India.