- The 5th Edition - IME 2014 is a leading institutionalised biennial international event of the Mining, Minerals, Metals and Machinery Industries in India.
- 3 days High level Asian Mining Congress with speakers and delegates from over 20 countries, who will visit and interact with Exhibitors.
- Buyer Seller Meet.
- Over 300+ Exhibitors, 600+ Delegates, 40+ Countries and 20,000+ High value business & trade visitors expected to participate.
- An ideal platform for display and launches of new initiatives, products and technologies, establishing joint ventures, developing and renewing international and regional contacts.
India hosts a wide range of globally significant mineral resources, including: 4 fuel minerals (such as coal and uranium); 11 metallic minerals (such as iron); 22 minor minerals; and 52 non-metallic minerals (such as clay). The country ranks among the world's top five nations for its core competency commodity reserves of coal and iron ore. Iron ore reserves are estimated in the region of 23 bnt (bn tonnes) and account for 6% of global reserves, while coal reserves are reported to be around 255 bnt.
India's mining industry is set to reach US$36.5bn by 2016, as output growth of key minerals remain strong. A bright spot, however, is the increasing number of Indian companies venturing overseas to secure stable, long-term supplies of minerals such as coal and iron ore in a bid to meet fast-rising domestic demand.
The forecast for mining in India to 2015
As a result of strong economic growth, the Indian mining industry increased at a CAGR of 11.1% during the review period (2004-09), to value more than US$20bn in 2009. Total mineral production grew at a CAGR of 7.6% in the same period, to reach an estimated 1.1 billion tonnes in 2009.
During the forecast period (2010-15), the expansion of key end markets such as construction, infrastructure and power generation will continue to drive the demand for minerals. As a result, the Indian mining industry is forecast to produce more than 1.5 billion tonnes of minerals by 2015, growing at a CAGR of almost 6% during the forecast period.
The mining equipment market is expected to grow from less than US$3bn in 2010 to US$4.5bn in 2015. The majority of demand will continue to be met by domestic equipment manufacturers, though the growing market will begin to attract foreign companies.
INDIA’S RANKINGS IN MINERAL PRODUCTION:
- World's largest producer of mica blocs and splittings
- 3rd among global chromite producers
- 3rd in the production of coal, lignite, barytes
- 4th in the production of iron –ore
- 5th in the production of bauxite
- 6th in the production of manganese ore
- 10th in the production of Aluminium
- 11th in the production of crude steel
MINING EQUIPMENTS & MACHINERY:
Mining and Construction equipment cover a variety of machinery such as hydraulic excavators, wheel loaders, backhoe loaders, bull dozers, dump trucks, tippers, graders, pavers, asphalt drum / wet mix plants, breakers, vibratory compactors, cranes, forklifts, dozers, off-highway dumpers (20T to 170T), drills, scrapers, motor graders, rope shovels etc.
With a wide production capacity base, India is perhaps the only developing country, which is totally self-reliant in such highly sophisticated mining and mineral processing equipments. They perform a variety of functions like preparation of ground, excavation, haulage of material, dumping / laying in specified manner, material handling, road construction etc. This equipment is required for both mining and construction activity.