At present, our mining machines are already compliant with CEV IV emission norms
Mining in India is set to witness some of the most exciting and transformative years ahead. A surge in demand for power, metals and critical minerals is giving rise to a spate of new mining ventures across the country. But this time around, it's completely different.
- Dimitrov Krishnan
Managing Director, Volvo CE India
What are the latest market trends in Indian mining sector?
Mining in India is set to witness some of the most exciting and transformative years ahead. A surge in demand for power, metals and critical minerals is giving rise to a spate of new mining ventures across the country. But this time around, it's completely different. The new ventures are embracing state-of-the-art digital technologies, world-class machines, remote operations and best business practices to achieve higher productivity and efficiencies without any compromise on low-carbon, low-waste, health and safety goals.
What are the latest technology trends in mining?
Over decades, Volvo CE has advanced new technology solutions that have revolutionized the use of construction equipment, mining equipment in particular, worldwide. Our customers in India have over the years, benefitted immensely from ideas like CARETRACK - a digital solution designed to help boost machine productivity and uptime and reduce fuel consumption, thereby maximizing profitability and return on investment in mining activities.
How have the recent policy reforms had a positive impact on mining sector?
Considering that mining sector plays a vital role in the country's economic growth, the recent policy reforms announced by Government are steps in the right direction to make India a US $5 trillion economy by year 2025. These reforms will open up more mining sites and streamline processes, foster much-needed competitiveness to improve overall productivity and efficiency, promote the use of sustainable technologies to accelerate environmental performance, and set new benchmarks in health and safety for the sector.
What opportunities do you visualize for your equipment range in the current and upcoming industry scenario?
Volvo CE offers a complete range of mining equipment - including excavators and wheel loaders of all classes with customised attachments - to handle mining operations anywhere in the country on any scale. Our large class excavators come with Vibro Ripper - an original patented Volvo product featuring noiseless 'vibro-isolation' technology. It protects the excavator from vibration and shock while delivering at least three times higher productivity compared to breakers. Volvo CE also offers high-end, low cap wheels loaders for underground mining.
How are you prepared for the future demand push of mining equipment?
At Volvo CE, our R&D is constantly at work on futuristic mining equipment. These range from battery-operated excavators and loaders to hydrogen fuel-cell based products and grid-connected machines. At present, our mining machines are already compliant with CEV IV emission norms and are capable of running on bio-diesel fuel. Volvo CE is working on ambitious targets by the year 2030: reduce carbon emissions by 50% in overall operations and achieve 35% electro-mobility of total solutions.
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