India boasts significant mineral resources and coal constitutes over 80 percent of the mining activities in India. India has approximately 2618 operating mines, 88 percent of which are private.
The Indian market for mining and mineral processing equipment is estimated at $2.2 billion. The market grew by nearly 4 percent in 2006. This growth rate will likely continue, given the projected shortfall in coal supply and increased competition that more privatization will bring.
Estimated investment of $21 billion in opencast mining and $5 billion in underground mining will be required to attain the target production level by 2025.
Although Indian firms produce a large amount of mining equipment, U.S. firms will be competitive for providing high-end equipment and advanced technologies.
Delegations from India Attending MINExpo 2008
Kolkata | |
Afcons Infrastructure Ltd. | |
Apex Trade International | |
BCCL | |
CMPDIL | |
Coal India - Kolkata | |
Coal India Limited |
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Coal India ltd., Coal Bhavan | |
Eastern Coalfields Ltd. | |
ECL | |
MCL | |
N K Area, CCL | |
NCL | |
Rohit Ferrotech Ltd. | |
SECL | |
Titagarh Wagons Limited | |
Usha Martin Limited | |
WCL | |
New Delhi | |
Alinz Buying House | |
Bharat Power Corp. Pvt. Ltd. | |
Dimex Granites Pvt. Ltd. | |
IBW News | |
Indica Chemical Industries Pvt. Ltd. | |
Lighthouse Buying Services | |
Ministry of Coal & Mines | |
MMD Asia Pacific Limited | |
Mount Granite Limited | |
Rohit Ferrotech Ltd. | |
Star Alliance | |
United Coke Private Ltd. |