Minerals constitute the back-bone of economic growth of any nation and India has been eminently endowed with this gift of nature. There are many evidence that exploitation of minerals like coal, iron-ore, copper, lead-zinc has been going on in the country from time immemorial. The gross value of mineral production in India in 1995 is estimated to be approximate Rs.2,70,000 million up from about Rs.1,800 million in 1961, i.e. by nearly 150 times. Mineral wealth and its exploitation have substantially contributed to the growth of national economy. The contribution of mineral production to the Gross National Product went up from 1.02% in 1960-61 to 1.54% in 1980-81. Minerals continued to play a vital role in India’s overseas trade too.
Construction and mining equipment cover a variety of machinery such as hydraulic excavators, wheel loaders, backhoe loaders, bull dozers, dump trucks, tippers, graders, pavers, asphalt drum / wet mix plants, breakers, vibratory compactors, cranes, forklifts, dozers, off-highway dumpers (20T to 170T), drills, scrapers, motor graders, rope shovels etc. They perform a variety of functions like preparation of ground, excavation, haulage of material, dumping/laying in specified manner, material handling, road construction etc. These equipment are required for both construction and mining activity. With a wide production capacity base, India is perhaps the only developing country, which is totally self-reliant in such highly sophisticated equipment. India has only a few, mainly medium and large companies in the organized sector who manufacture these. The technology barriers are high, especially with respect to mining equipment and therefore the role of SME’s is restricted to manufacture of components and some sub-assemblies.
Exhibitor Product Profile
Business Matchmaking
