Mining Equipment: Emerging Opportunities
Mining sector in India, especially the coal mining, is in the news these days after the government introduced policy reforms in mineral mining and commercial coal mining in the country. The government has also released notifications on the announced policy initiatives. The Coal Ministry has already taken initiatives to re-visit old laws with an aim to improve efficiency, ease of doing business and to open up coal sector which would result in improving domestic coal production and reduce imports.
The coal mining sector is dominated by public sector companies both in exploration and mining of coal. They operate at slow pace with older technologies and equipment. The new developments in commercial coal mining that invite private players can brin