Indian Mining And Equipment Industry

By Author: Michael Jin
Total Articles: 10
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The construction and mining equipment sector has a wide range of products. For the purpose of this study, this is taken to mean the following : The worldwide technology leaders in the construction equipment sector are: Komatsu, Caterpillar, Hitachi, Terex, Volvo, Scania, Case, Ingersoll-Rand, HAMM, Bomag, John Deere, JCB, Poclain, Bitelli, Hyundai, Kobelco and Daewoo. Almost all the companies have presence in India either as joint ventures, or have set up their own manufacturing facilities, or marketing companies.
In the mining sector, the leaders are: Hitachi, Komatsu, Wrigten, Atlas Copco, Liebherr, Joy Mining Machinery, Terex, Bucyrus Erie, Shanghai Benconq and DBT. Out of these companies, DBT and Joy Mining Machinery are present only through their marketing network and provide sales support.
In the construction equipment sector, the level of technology prevalent internationally can be made available in India through joint ventures. However, the equipment currently being manufactured in India is not of the same size. For example for a 15 Cu.M. hydraulic shovel, the manufacturers do not feel the need to bring ...
... in the technology due to low volumes and uncertain demand though the companies have the manufacturing facilities and design capabilities to manufacture the same in India.（pulverizer in India）
Some of the other reasons for not manufacturing the latest equipment are :
• The Indian market cannot absorb the cost of the latest technology
• If manufactured in India for export markets, most of the components will have to be imported
• Equipment adhering to the latest emission norms cannot be used since the quality of fuel required for them is yet to be made available here. At the same time, off highway construction and mining equipment do not need stringent emission norms in India.
The construction equipment sector in India has evolved over the years and is at present in an intermediate stage of development. The industry is trying to bring in international levels of technology as demand and the scale of operation increases.(ultrafine pulverizer for sale)
In India both premium, latest state-of-the-art technology equipment and value for money low cost products exist simultaneously. The high technology state-of-the-art products can be manufactured in economical quantity only if the users are compelled to use them due to environmental and ecological reasons. The reasons for latest technology equipment not finding favor with the users lie in the fact that these are very costly because maximum percentage of components are imported and with the rupee depreciation, the cost of these components have been going up and hence the equipment are not affordable as the cost of projects go up. Further reason for India taking a longer period for evolving towards state-of-the-art equipment is partially due to socio economic factors. (pulverizer for sale in India)
Though it has been observed that the user sector with the growing FDI are likely to be more geared towards the state-of-the-art technology machines which are more productive, low in maintenance cost and provide comfort for operators. These ranges would reign supreme among the private players. The users are now not looking at only the initial cost of the equipment, but focusing on total costing, or cost per ton of usage. It is anticipated that 5 years hence, the need for more and more mechanization and enhancement of scale may lead to change in the level of technology in use. (antimony processing plant for sale)
However, it is a fact that Indian companies would have to move towards the state of the art technology, but the manufacturers would also try to keep a balance between the state of the art and user friendly machines as well as try to provide the relevant technology levels which provides value for money to the customers.