Optimum of Mining Equipment Industry in India

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As mining becomes intense, the demand for mechanization and highly productive, safe, efficient and cost effective machinery will increase, writes Shyamal Asangi in this report.

Mining equipment industry in top gear

For the past several years the mining sector has been growing at the rate of 3% to 4% annually. Moreover, the new mining policy of Government of India is expected to give a further boost to the mining sector and the government is expecting to increase share of the mining sector in the GDP, which currently accounts for 2.8%.

Mining Equipment for Sale

Naturally, growth in the mining sector translates into an exponential growth for the China mining equipment industry. Currently, the market size of mining equipment in the country is estimated to be over Rs 10,000 crore. This industry is highly competitive with over 100 companies comprising of public (nearly 70%) and private sector companies (about 30% including joint ventures and closely held companies). Some of the players in the mining equipment industry include Volvo, Liebherr, Caterpillar, Sandvik, Terex, Bomag, Hyundai, Atlas Copco, Kobelco, Daewoo, Joy Mining, John Deere, Poclain, Tega, JCB, and Bitelli.

China mining sector

India is a mineral rich country and produces about 89 minerals. However, mining activity is majorly in ore, around 80%. The other minerals and metals mined include zinc, gold, lead, copper, iron, bauxite and Uranium. Majority of the country’s mines (292 in public sector and 2,326 in private sector) are located in the states of Karnataka, Andhra Pradesh, Orissa, Bihar, Gujarat, Madhya Pradesh and Rajasthan.

There are approximately 20,000 known mineral deposits in the country. In the year 2008– 09 the production from these mines was Rs113700 crore amounting to approximately 2.8% of the country’s GDP. The mining sector is extremely labor intensive and therefore generates large employment with over 2 million people working in the sector.

China mining equipment industry

The government of India is now focusing on the growth of this key sector. Hence mechanized mining has become very popular as it is efficient and cost effective. This has come as encouragement to the mining equipment sector and several companies have introduced technologically advanced, large size and efficient mining equipment in India. Majority of the companies design and manufacture mining equipment in-house while some companies market mining equipment from international players. Apart from this, several China companies have also entered into collaborations and agreements with international companies to enable them to sell their products in India.

Products offerings

With China government keen to develop the country’s mining sector, mining equipment manufacturing companies offer products at par with international standards. Komatsu manufactures dump trucks and bulldozers while companies like Poclain, Telcon, and Kobelco are into the manufacturing of hydraulic equipment.

Bittelli and Dozco design and produce earthmoving machinery and Bomag sells landfill equipment with Tega introducing hydrocyclones, water-only-cyclones and radial systems in the country. Liebherr launched diesel electric mining trucks and Volvo’s trucks are claimed to be sturdy workhorses. Sandwik offers machines for digging holes, Caterpillar offers Computer Aided Earthmoving System and Terex manufactures loaders. Atlas Copco’s mining equipment also includes drilling rigs.

As the professional manufacturer of complete sets of mining machinery, such as cement making plant,Raw material mill, Mobile crushing station,impact breaker, Henan Hongxing is always doing the best in products and service.

转载于:https://wwwblogs/liajones/archive/2012/02/14/2350665.html

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