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The Mining Boom
India's increasing coal projects drive a surge in mining equipment demand!
At L&T, customer centricity has been at the core of all activities
At L&T, customer centricity has been at the core of all activities and decisions. With our credo ‘In Service lies Success’, we have continuously provided superior value delivery to customers both in terms of the latest technology and superior performance products aided by unmatched after-sales support.
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 market for hydraulic excavators to grow by 20%
The excavator market peaked in FY2018-19 following three years of sustained growth led by increased government focus and investment in the infrastructure sector.
L&T bags biggest mining equipment order from Tata Steel
Th e Construction and Mining Equipment Business of Larsen & Toubro has secured one of its biggest orders ever, from Tata Steel, to supply 46 units of Komatsu mining equipment.
Trending mining equipment and features
The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.
Structural reforms in mining sector to realise its true potential: Pralhad Joshi
The proposed changes in mining sector to increase private sector participation
L&T to supply 46 units of Komatsu mining equipment to Tata Steel
The scope includes supply of equipment and full maintenance contract for 60,000 hr of equipment operation
Komatsu dumper completes 60,000 hours at Tata Steel mine, creates history
The Komatsu HD785 dumper supplied by L&T has crossed 60,000 hours at Tata Steel’s Noamundi Iron Ore Mines to create history.
There is a demand surge for crushers in the iron ore segment: Ranjit Ravindran
While the demand for newer machines is not that bullish the existing population of machines is fully optimised to undertake current developmental activities in mining and infrastructure. Ranjit Ravindran, Business Head – Mining, Voltas, shares more on the market dynamics.
JSW Steel bags third iron ore mine in Odisha
According to reports, JSW Steel secured its third iron ore mine Ganua at a 132 per cent premium on the sale value with a reserve of 118 million tonnes in the Odisha e-auction.
CRUSHING BARRIERS
Fragmented aggregate mining, as well as issues related to regulations and liquidity, are threatening the growth of the crushing and screening equipment segment in India.
Caterpillar delivers equipment and collaborative support
Caterpillar offers a wide range of equipment and solutions for underground metal mining and coal mining in India.
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.
LiuGong completes 15 Years in india
LiuGong India, a subsidiary of Guangxi LiuGong Machinery, announced completion of its 15 years business in India with a gala celebration for business partners, supporters and media.
Buoyant Future
An unprecedented and the highest-ever, $1 trillion has been earmarked for investment in infrastructure development by Government of India in the current Five-Year Plan period (2012-17). Speeding along the guidelines set forth by the government, the infrastructure construction activity is rapidly growing in roads and highways, bridges, airports and power, while realty sector is yet to catch up.
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.
We have good market share in 14-20 tonne excavators and road equipment
Volvo operates only through dealerships and being a local dealer was advantageous for me, since Volvo has its manufacturing facility and head office in Bengaluru, says Vinayak Nayak, Managing Director, Encore Heavy Machinery Pvt Ltd.
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.