'Eimco Elecon prioritizes sustainability in design, operations'

Prayasvin Patel, Chairman & Managing Director, Elecon Group Of Companies, walks us through the company's plans and trends in mining sector

- Prayasvin Patel

What are the current trends in the mining equipment market that you believe are shaping the industry?

As we all know well and I perceive there will be coal demand for the next 2 to 3 decades since dependency of the Power sector on coal is huge. It is also felt that the high cost of environmental and land acquisition issues will encourage more underground mines. This is also evident from the Coal India Limited's ambitious target to increase the underground production from 4% to 10%. We feel that the underground mining equipment market will be dominated by the manufacturers, who are having one-stop solutions for all the customer needs.

Well, we have in Eimco Elecon a major stake of products serving the coal segment underground mining equipment's and we have adopted with agility the new technological changes and are ready with a full bouquet of blast-free continuous miner technology.

Consistent high metal prices and more participation of the private players in mining has boosted the growth of the underground mining equipment in the hard rock sector also. We are also growing rapidly our product lines in this segment.

Definitely battery-operated vehicles for both coal and Non-Coal UG mines offer many operational advantages in underground mines; we see a surge in demand as expected. The productivity and safety boosting solutions like the passenger carriers and the utility vehicles will also see increased demand. We are happy to inform that we are going to launch suitable products soon to meet the demands in India.

What products or solutions are you showcasing at this edition of IMME? What is your focus during the exhibition?