FLSmidth delivers sustainable productivity to the global mining and cement industries with engineering, equipment and service solutions. Its operations span the globe in more than 60 countries with 11,700-strong staff strength. Coal Insights caught up with Venkatesan Punniyamurthy, head of mining, Subcontinental India, FLSmidth to discuss how the company is facing new challenges and opportunities posed by the pandemic.
The Covid-19 pandemic and its disruption has begun to impact industrial production, including coal industry. How do you see the current situation evolving and impacting the industry as a whole?
Many process industries including coal production units are being exempted from this lockdown and largely coal is being used in thermal power plants, being considered as part of essential services. So most of the industries related to coal, power, iron ore, steel, fertilizers, alumina and other base metals are in either full or reduced capacity operations as we speak now.
They are able to do this maintaining a minimum staff or on a rotational basis. However, we see production disturbances, especially in mining sites due to labor movement and non-availability. Some other industries are also planning to restart and trucks carrying goods will start moving.
However, the demand for construction activities and automobiles may see a downtrend. This being a global scenario, supply chain from across nations has been greatly impacted. Local supply chain may need a boost up to restart when things get back to normal across the nation.
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