“India will continue to be one of the most attractive markets for construction and mining activities considering the ambitious infrastructure creation plans and the new reforms in mining announced by the government.”
Piero Guizzetti, CEO, MB Crusher India Private Limited How do you assess the impact of the pandemic on the mining sector, especially on the mineral sector? Despite the current situation in India as
Piero Guizzetti, CEO, MB Crusher India Private Limited
How do you assess the impact of the pandemic on the mining sector, especially on the mineral sector?
Despite the current situation in India as well as globally, we believe that India will continue to be one of the most attractive markets for construction and mining activities considering the ambitious infrastructure creation plans and the new reforms in mining announced by the government. The infrastructure sector, which is the backbone of any country, is expected to lead the recovery phase. We believe that going forward contractors will be increasingly wary of their capex expenditures and will ensure optimal RoI across capital investments. In this frame, we believe MB to be well positioned owing to the diverse utility of our machines, their mobility and capability to be used in the most austere and hard to reach areas.
To what extent has this impacted the demand-supply scenario of crushers and screens?
We foresee the major demand drivers for crushing and screening machines are GSB requirements for roads, quarry operations for aggregate manufacturing, M-sand production, Recycling and reusing demolished concrete materials, mining etc.
In today’s context what are the major challenges and how do you address those?
Financing is one. Owing to the still not yet stabilised curve of cases stemming from this pandemic, there is still a bit of uncertainty. With uncertainty it is difficult to plan. Hence, for NBFCs it is difficult to frame the new criteria for creditworthiness of its clients which is in turn affecting machine sales. I do believe that the Government will ensure that liquidity is injected and that financing is re-opened; it is the only way to kick start the economy in an expedited manner. We work very closely with our clients and our finance partner in trying to find solutions whereby we all give a bit of extra effort in these extraordinary circumstances, for the mutual benefit of all.
Brief us on the solutions offered by your company?
We have a diversified portfolio designed to suite the widest range of machines. Our crushing and screening solutions are applicable and compatible with all excavator / backhoe makes and/or model. By merely adding MB Crusher products to any excavator / backhoe, clients see their utility exponentially increased by having a fully operational crushing and screening unit.
How do you foresee the future trends?
We believe that adequate connectivity across the country still has a long way to go, so opportunities will be there in some of the remotest areas of India for a long time to come.
As manual operations start to fade, automation on the execution side will be a good impetus for adopting latest technologies.
We also see a lot of opportunities in upgrading/modernization of existing infrastructure; whereas in greenfield projects factors such as land acquisition at times delay the project significantly.
Hits: 66
