Propel M-sand plants are highly regarded in the industry for the excellent quality and outstanding production they guarantee.
V. Senthilkumar Managing Director, Propel Industries Mining is one of the key sectors which contribute immensely for infrastructure and helps develop economies. What do you think is the current market for mining equipment in India? The current market for
– V. Senthilkumar
Managing Director, Propel Industries
Mining is one of the key sectors which contribute immensely for infrastructure and helps develop economies. What do you think is the current market for mining equipment in India?
The current market for mining equipment is witnessing a healthy uptrend, demand for mining equipment will remain strong in the coming years. The government of India’s sustained thrust on ‘Build India’ initiatives as a means of driving overall economic growth for India is a tremendous opportunity for the mining equipment industry. The mining sector is expected to grow around 15% to 20% in 2022-23.
Which equipment do you think are the demand drivers in the mining sector and how geared up are you to meet this demand surge?
Dumpers followed by Crushing equipment will be the demand drivers in the mining sector. The market for Mobile track plants is growing at a high pace. Propel is gearing up to meet the demand surge by constantly assessing customer needs and innovating and upgrading our equipment to meet the evolving needs of the market. Electrical track plants, world’s first four-deck track screen, Horizontal Shaft Impactor (HSI), 600TPH gyratory cone crusher, sand washing equipment are some of Propel’s recent launches. Propel M-sand plants are highly regarded in the industry for the excellent quality and outstanding production they guarantee.
Technologies are changing mining industry’s future. What are the latest technological trends in your range of mining equipment?
Like in many other industries automation and IoT are bringing in revolutionary changes in the mining industry. Predictive maintenance is one area where IoT has been a real game changer. Strategic use of sensors in the equipment helps to map its performance. The data generated helps companies to look at the loop holes, optimise cost, reduce downtime and improve productivity. Propel has introduced auto-sms, warning the customer about impending problems in the equipment.
What are the key maintenance practices to be followed for the upkeep of mining equipment?
The most important practice for a well-maintained mining plant is a good preventive/predictive maintenance program. A well thought out schedule of preventive maintenance must be put in place with the collaboration of the owners, plant operators and the equipment suppliers. Regular inspection, maintenance of daily logs, immediate action for abnormal readings in sensors, gauges etc., timely changing of wear parts, use of only OEM spare and wear parts are some of the important steps for good maintenance.
What are the challenges as a major player you face and what are your suggestions to iron out these challenges in the mining equipment space?
The biggest challenge faced by the mining industry at present is the high cost of raw materials adversely impacting profit margins and global competitiveness of the industry. The 2022 budget’s extension of the exemption of duty on import of steel scrap and revocation of anti-dumping and countervailing duty on specified steel products are welcome moves. But the government needs to do more.
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