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The coal mining industry accounts for about 80 percent of mining equipment demand. Most mining equipment demand is for open pit mines, which account for more than 90 percent of total coal production. The most attractive sector for U.S. companies is high end, large-sized specialized coal mining equipment. Estimated size of mining equipment in India:
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Coal mining in India - Wikipedia
Coal mining in India began in 1774 when John Sumner and Suetonius Grant Heatly of the East India Company commenced commercial exploitation in the Raniganj Coalfield along the Western bank of Damodar river.Growth remained slow for nearly a century due to low demand. The introduction of steam locomotives in 1853 boosted demand, and coal production rose to an annual average of 1 million …
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Kolkata | The India Expert
Coal India Limited (CIL), state-controlled coal mining company headquartered in Kolkata, West Bengal, India, is fast tracking the process of procuring 360 items of high capacity mining equipment valued at over $1 billion. The urgency is because the company aims to bolster production after reviving a one billion ton production target in the next two to three years.
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