The Indian mining equipment industry has expanded at a fast pace, making the country a significant producer of such highly sophisticated machinery. The fact that India is a mineral-rich country has actually proved to be a major driving force behind the development of this industry. Mining and construction equipment includes a wide range of machine products ranging from hydraulic excavators to bull dozers, cranes to fork lifts and so on. The equipment is required to perform a variety of activity, including ground preparation and excavation, road construction, material handling, dumping and laying, and so on. India has a substantial manufacturing base which largely helps in production of mining equipment. Apart from recent acquisitions and mergers, the mining equipment industry has also witnessed involvement of foreign players. The mining equipment companies in India provide end to end services such as design and engineering, erection, manufacturing and servicing. With the government launching new initiatives such as e-auction and coal block allocation to promote mining on a bigger scale in the country, the subsequent need for mechanisation and efficient machinery will go a long way towards boosting the growth of the mining equipment sector. Hide this