Mathur of Tata Hitachi: Mining policy revival offers promise for new players
The mining sector, which includes fuel minerals as well as non-fuel minerals, has continued to perform well during the pandemic. Coal contributes to over 50% of the overall mineral production in India and has grown steadily at 7 to 8% on a YoY basis, as the growth was driven by requirements in the power sector. Speaking on the overall performance of the mining sector in India, Hemant Mathur, AVP – Sales and Marketing, Tata Hitachi Construction Machinery, said, “Reduction in the import of coal also fuelled growth in the coal sector. Metal minerals, like iron ore, also registered growth, along with non-metallic minerals like limestone. However, minor minerals, especially granite, faced some challenges as exports for these minerals faced several issues, which are now gradually getting resolved.”
He added, “Tata Hitachi offers a range of equipment for open cast mines, mainly excavators, dumpers, and wheel loaders. Here, for machines made in India, the bucket size for an entry-level excavator in the mining sector is seen at 3.1 CuM, and this goes up to the largest excavator with a 6.5 Cum bucket. We also manufacture 35-tonne dumpers and wheel loaders of capacities up to 3 tonnes. All of these are being manufactured in our plants in India. Being a subsidiary and JV company of Hitachi Construction Machinery (HCM) Japan, we also have access to sell products manufactured by HCM, which includes excavators of up to 45 CuM bucket capacity, wheel loaders, and dumpers of higher sizes.”