Our latest product innovations, including the DTS Guide and U-shaped Tipper Bodies, are designed with efficiency & environmental impact in mind.
Jeffrey Zuidgeest
Regional Director, BU Components, Hyva India
How was your overall experience at IMME 2024? Could you share your thoughts on the exhibition in terms of participation, networking opportunities, and visitor engagement?
IMME 2024 offered a platform for connecting with industry peers, potential clients, and key decision-makers in the mining sector. We witnessed a good participation from leading companies and stakeholders across the mining and machinery landscape. Despite hit by heavy rains during cyclone Dana for two days, networking opportunities were abundant, allowing us to engage with both existing customers and new prospects, each looking to enhance operational efficiency and safety. Visitor engagement was especially high at our booth, with many attendees showing strong interest in our Digital Tipping Systems (DTS Guide) and U-shaped Tipper Bodies. The interest and feedback we received affirm that our innovative solutions resonate well with the market's current needs and trends. Overall, IMME 2024 provided an excellent opportunity to showcase Hyva’s commitment to safety, sustainability, and digital innovation in mining.
Which products or solutions did you highlight at the exhibition? What feedback did you receive from potential clients or partners regarding your showcased offerings?
At IMME 2024, we highlighted a range of advanced solutions, including our Digital Tipping Systems (DTS Guide), and hydraulic cylinders and kits. The DTS Guide was particularly well-received for its ability to enhance operational efficiency by providing fleet managers with real-time tracking and data insights, which support faster, more informed decision-making and optimized fleet management. This solution allows operators to monitor load distribution, ground stability, and equipment health remotely, ultimately reducing downtime and ensuring smoother, more controlled operations.
Our U-shaped Tipper Bodies generated strong interest for their lighter weight design, which maximizes payload capacity, accelerates discharge times, and lesser environmental impact —key factors in reducing operating costs. The robust performance of our hydraulic cylinders and kits, known for their reliable and safer lifting capabilities, also garnered positive feedback for their applicability in challenging, high-demand mining environments. Overall, visitors appreciated how Hyva’s solutions directly address operational efficiency and productivity, making them well-aligned with the industry’s growing demand for data-driven, high-performance equipment.
How do you view the market demand for mining equipment and component in India and globally?
In India, the ongoing infrastructure projects and urbanization are propelling the demand for minerals, thereby increasing mining activities and the need for efficient mining equipment. Policies promoting domestic mineral production and foreign investments are expected to positively influence the mining machinery market. The Indian mining equipment market is anticipated to grow during 2024-2030, driven by the expansion of mining activities and the adoption of advanced technologies.
Globally, there is a rapid integration of advanced technologies, such as automation, electrification, and digitalization, aimed at enhancing performance and efficiency in mining operations. An increasing emphasis on sustainable mining practices is boosting the demand for eco-friendly equipment that reduces environmental impact.
In summary, the mining equipment and components sector is on an upward trajectory, with global trends leaning towards advanced, efficient, and sustainable solutions. India’s market is set to expand, fuelled by infrastructure demands and supportive governmental policies.
Hyva is committed to meeting this demand by developing innovative products that enhance performance while addressing key market priorities like digitization, safety, and sustainability.
Sustainability and ESG (Environmental, Social, and Governance) are gaining traction in the mining industry. How is your company adapting to the increasing emphasis on sustainable mining practices and ESG requirements in your product offerings?
Hyva is committed to aligning our products and practices with sustainable mining and ESG (Environmental, Social, and Governance) standards, reflecting the industry’s growing emphasis on responsible operations. Our latest product innovations, including the Digital Tipping Systems (DTS Guide) and U-shaped Tipper Bodies, are designed with efficiency and environmental impact in mind. In addition, a few of Hyva’s manufacturing facilities are equipped with solar power and some are in processes are shifting towards renewable energy sources, with a particular focus on to lower emissions at our facilities. This proactive approach to sustainable energy use and product design demonstrates our commitment to reducing the overall environmental impact throughout our value chain.
In terms of challenges, what operational or market-related issues do you foresee in the mining equipment and component sector? How is your company planning to address these challenges?
The mining sector faces several challenges, including rising operational costs, and the need for compliance with environmental regulations. We anticipate increased automation, a focus on sustainability, and the integration of advanced technologies to drive operational efficiency and safety as trends that will shape the industry's future. Hyva is preparing for these changes by investing in innovative solutions which are designed to enhance safety, efficiency and sustainability. We are also investing in digital capabilities through DTS platform to provide customers with real-time data and analytics, helping them optimize operations and navigate these trends effectively.
Looking ahead, what are your company’s goals for the next 2-3 years in the Indian and global mining markets?
In the next 2-3 years, Hyva aims to strengthen its position in both the Indian and global mining markets by focusing on three key goals: expanding our product innovation, deepening our sustainability efforts, and enhancing customer support infrastructure.