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Govt receives 44 bids in 10th round of commercial coal mine auction
Govt receives 44 bids in 10th round of commercial coal mine auction
The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
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.
Navigating the Depths
How IIoT is enhancing safety and efficiency in underground mining.
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.
Mining opportunities!
Government’s thrust on coal mining is expected to significantly impact demand for mining equipment.
Bringing biodiesel on the market
Fuel costs and India’s reliance on foreign fuel sources are a constant concern for many construction owners whose businesses are heavily dependent on machinery that requires diesel. Many alternate energy sources have been discussed, researched, and used in the past but, for equipment, the primary form of alternate fuel has become biodiesel.
Companies all over the world are turning to digital integration to increase efficiency in the mining process.
In recent years, mining companies have adopted a growing range of digital solutions. Many have mechanised their operations, moved from the physical to the digital realm by adding equipment sensors.
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.
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.
We will continue to focus on infrastructure projects
Established in 1960, Atlas Copco India is the country’s leading manufacturer of innovative solutions in air compressors and industrial gases, energy efficient vacuum pumps, portable compressors, light towers.
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.
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.
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.
We are very positive towards underground mining
For underground coal mining, continuous miner technology has proved to be flexible, productive and more suitable for Indian conditions. Shib Bhowmik, Managing Director, Komatsu Mining Corp, India, shares more on the current scenario and technology trends in underground mining.
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.
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
On revival Path
In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.
Government?s coal mining plans in FY20
The Union Government has planned exploration of 37 coal blocks and 10 lignite blocks along with drilling of 121 coal blocks and one lignite block in the current fiscal in addition to exploration and drilling of coal blocks allocated to Coal India (CIL), according to Pralhad Joshi, Union Coal Minister.
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.
Revival on Cards?
India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.
Piggybacking earthmovers growth
Transportation of raw and processed materials to the desired location is the next but most essential activity arising out of earthmoving. In the infrastructure space, 5-35 tonne payload capacity tippers and dumpers are extensively utilised for this purpose.
Government should fast-track the procurement
After a lull in the past three years, mining, especially coal, is set to show significant growth in the next few years. Coal India (CIL) is doing its best to increase coal production quickly, from the current 568 million tonne per annum (mtpa) to 927 mtpa by 2020.
Zooming Ahead
Trucks and heavy tractors for cargo haulage and transportation of aggregate materials, coal, overburden from mines, iron ore and other bulk materials, are riding the curve of exponential growth.
The Earth Movers and Shakers
As a consequence of the excavation activity gaining momentum, earthmovers like front-end loaders, crawler dozers, traxcavators and other earthmoving equipment are registering a CAGR of 15-18 per cent. Since the Indian economy is reviving, these equipment are also finding emerging markets in other sectors as well.
Our experience with LiuGong has been quite good
Currently we have two active projects in Bhutan. Also, recently we have been awarded some road projects such as the Eastern Periphery Road and the Gorakhpur road project. We have bid for more projects, but they are yet to be awarded to us.
Waking up to New Demand
The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.
On Course for Success
Bright prospects lie ahead for dumpers, but cost-effective conveyors may pose serious competition in the future, finds Charu Bahri. Industry voices affirm a turnaround has happened in the off highway dumper segment
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
Coal and iron ore will continue to be the growth drivers for large mining equipment.
Large mining equipment are primarily used with Coal India subsidiaries and some corporate mining companies viz, Vedanta, Reliance etc. A few mine developer-cum-operators (MDOs)
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
Volvo Trucks Sets New Benchmark
Volvo Trucks, the country?s largest truck manufacturer in premium European segment achieved the landmark of crossing ten thousand truck sales.
Versatility, reliability, durability and unmatched performance excite customer to choose CAT excavators
Traditionally, excavators with operating weight 10 to 24 tonne are classified as medium range and in the last five years, their sales constitute above 70 per cent of the total excavator sales, out of which 20-24 tonne category accounts for approximately 50 per cent and 10-15 tonne is approximately 20 per cent.
Diggies to Scoop the Growth Pie
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.
We have plans to start more offices in Andhra Pradesh and Telangana
With the government giving more focus on smart cities, we feel the other smaller cities will also develop parallelly and there will be demand for construction equipment, says B Lakshminarayana, Managing Director, Sri Sai Infra Equipment Pvt Ltd.
Wheel loaders - Optimising Productivity
Cycle time is a critical success factor in all bulk handling applications. Ramifications of high cycle time even extend to bulk handlers securing business. Wheel loaders are extensively used bulk handling tools wherein high productivity is of essence.
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.
We are planning to acquire more mining equipment
In the open pit mining, the country has come up well to adopt the latest technologies; not only our company but many of our competitions are also doing well with the new technologies.
Getting loan for new equipment and lead time are major challenges
We have over Rs 200 crore worth equipment for mining. We have trucks of Scania P380, Volvo FM400; excavators of Hitachi ZX650, Volvo 700, Komatsu PC 400, dozers and water tankers as per requirement of the sites.
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.
Gaining Momentum
A renewed thrust on coal mining, coupled with plans to implement more projects in various infrastructure segments at a faster pace has rekindled the growth prospects of tyre industry in India. Major tyre manufacturers are busy introducing innovative products and scaling up volume to meet the expected demand in the future.
Mining, Construction to Lead Growth of Tyres
The current market for mining and construction is growing and with the initiatives taken by the new government, it is poised to gain momentum in the coming years. Continental India foresees this as a key growth enabler for tyre industry.
Excavators to Dominate
Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.
Diggers to get busier
The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.
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.
Navigating through turbulent times
Overall slowdown in demand for new equipment, absence of new channels for the deployment of equipment compared to the overall availability, plummeting value of currency, lack of clarity on private coal blocks, highly depressed rental rates - all seems to have had its negative impact on the equipment finance segment.
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