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.

Caught in the web of policy paralysis and undesirable instances in the past many years, the mining sector in India is looking for a turnaround with policy support from the government and progressive steps taken by the mining majors.

It seems the mining scenario in India is gradually improving. For the past many years, mining in India had been suffering from many adverse situations: scams and illegal mining, bans due to public ire against impact on environment and so on.

Elgi Equipments offers portable compressed air solutions for a wide range of applications. Ramesh Ponnuswami, Executive Director, Elgi Equipments shares more on the industry scenario and solutions offered by the company.

BEML Ltd, a public sector company under the Ministry of Defence and a premier manufacturer of mining and construction equipment, has launched an indigenously developed nation’s first 150T electric drive rear dump truck, with an objective of strengthening the Make in India initiative, that will address the growing demand for higher capacity equipment in the mining industry.

Coal India has informed that it may take at least two more year to meet the production target of ‘one billion tonne by 2020’ set by the government, due to the existing ground realities.

Coal India Ltd (CIL) is planning to procure mining equipment worth Rs 120-130 billion in the next 2-3 years to ramp up its coal production.

Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.

Bulk material handling systems are mainly used in coal and mineral processing applications, ports for handling bulk cargo, food processing, sand, gravel, etc. Conveyor systems are the majorly used bulk material handling equipment.