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OPPORTUNITIES IN INDIAN MINING EQUIPMENT INDUSTRY BUSINESS SWEDEN India June 2015 21 25 23 27 28 717 757 801 848 899 Exports to world and India of mining equipment USD, 2014 24% 45% 7% 3% 2% 9% 2% 2% % 4% Share of exports to India • Around 2/3rd of mining equipment is supplied by China, Germany and USA who are market leaders globally also • Countries like …

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In fact, over the last decade, the contribution of mining to India´s GDP has fallen from 12 per cent to 1 per cent On a positive note Bansal says, ´The Union Budget reiterates government´s focus on construction and mining sectors

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The mining equipment companies in India provide end-to-end services in terms of design and execution The government's initiative to develop this sector has widened the horizons for more Indian companies to venture in this sector

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