Here's the good news. “Spending on mining equipment in India is moving in the right direction in every segment from minerals to metals such as iron ore, zinc, copper and limestone,” avers Animesh Nandy, National Sales & Business Manager, (India, Nepal, Bhutan, Bangladesh and Sri Lanka), Epiroc Mining
In India, coal production has traditionally been the mainstay of Coal India subsidiaries that use heavy earth moving equipment, the backbone of opencast mining operations, notes Hemant Mathur, AVP Sales and Marketing, Tata Hitachi.
Now Coal India is putting emphasis on equipment modernization and upgrade to adopt the latest advanced technologies, which will boost demand for larger mining excavators and dumpers, he continues.