Modern construction and mining activities in India need to be expedited with utmost focus on the highest possible productivity, operational excellence, emission compliance, safety and best-of-class economy. Over the past decade, the market for such equipment has substantially matured resulting in the equipment selectors mooting innovative and prudent ideas while selecting the most suitable equipment fleets commensurate to their company objectives and philosophies.

As far as procurement of medium to big size mining equipment by key players in the mining industry is concerned, the trend is towards evaluation based on Total Cost of Ownership, Life Cycle Costing, bundling equipment with Full Maintenance Contracts and Guaranteed Parts Consumption contracts.

Ritchie Bros is eager to help people in India sell and buy the equipment they need through the efficient and powerful channels we offer. Eduard Faig, Regional Sales Manager - Middle East, Africa and India, Ritchie Brothers, UAE, shares more on the company´s activities and industry focus.

The last two years in Indian construction industry has seen significant changes. The customers who are in this business for a long time have gone through a difficult time financially to complete projects and were stuck with debts, especially in segments like roads and highways.

With current work levels customers in all sectors are focusing on productivity, operating costs and uptime. Of course, these three issues are very closely linked, with much interplay between them.

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.

Asphalt paver was developed by Barbar Green Co that originally manufactured material handling systems. In 1929, the Chicago Testing Laboratory approached them to use their material loaders to construct asphalt roads.

Cost-effective and technology-driven tower cranes will enable contractors overcome the challenges of constructing taller buildings, without compromising on safety, productivity and operator comfort.

The Indian mining and material processing industry, along with other bulk material handling operations like coal loading or bulk handling at ports, and aggregate processing in roads, is already on a fast track growth trajectory in India, thereby driving the demand.