We are positive about the mining sector in 2021
COAL & MINING

We are positive about the mining sector in 2021

Tony Van Herbruggen, General Manager, Power Technique, Atlas Copco (India)

Atlas Copco is a global, industrial company based in Stockholm, Sweden, with approximately 39,000 employees and customers in more than 180 countries. It serves customers with compressors, vacuum solutions and air treatment systems, power tools and assembly systems, pumps and generators. The company divides its activities into four segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique.  Tony Van Herbruggen, General Manager, Power Technique, Atlas Copco (India), shares with Editor-in-Chief Pratap Padode what the impact of Covid-19 means to business, and his outlook for the industry.

Business during the pandemic year

While 2019 was a really good year for the company, the pandemic severely affected the operations and business. Herbruggen says, “The world has changed with Covid, and since March, the pandemic has affected all industries and infrastructure. Of course, the economy in India has been affected too. Despite that, there are a lot of projects and opportunity. We see now the recovery is now starting I think the virus is more stable and recovery has started in the last two or three months. So we are very positive for the rest of the year. For 2021, we look forward to have continuous growth again in our business areas.”

Mining in 2021

The government has started laying greater thrust on mining activities now, so, is there an expectation that the private sector participation, mining technologies, underground mining etc. taking place and giving a boost to the sector?

Herbruggen says, “We see a little bit of downtrend especially in the cement industry. But with the upcoming projects for road construction and so on, it should also be picking up soon. We have mixed feelings, but we believe in the support of the government and the changes that they have made and that they will keep on making. Mining will start to grow very much in 2021, I think they should continue with the projects that they have started before they look into new projects because this is good for the economy. We have a very good positive feeling about mining in India for 2021.”

State-of-the-art manufacturing facility

A factory with all the new technologies has been built in Chakan, near Pune, to have the best environment link production where “the company not only produces but also designs portable compressors, lighting towers and also industrial compressors.”

 In regards to the impact of the shutdown on the factory and maintaining social distance norms, Herbruggen says, “The factory was completely shut down in April, but now production is picking up again. For us the most important [priority] is the well-being of our employees. We have introduced a lot of rules due to Covid from social distancing and so on, but the factory is working very efficiently again.”

Tony Van Herbruggen, General Manager, Power Technique, Atlas Copco (India) Atlas Copco is a global, industrial company based in Stockholm, Sweden, with approximately 39,000 employees and customers in more than 180 countries. It serves customers with compressors, vacuum solutions and air treatment systems, power tools and assembly systems, pumps and generators. The company divides its activities into four segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique.  Tony Van Herbruggen, General Manager, Power Technique, Atlas Copco (India), shares with Editor-in-Chief Pratap Padode what the impact of Covid-19 means to business, and his outlook for the industry. Business during the pandemic year While 2019 was a really good year for the company, the pandemic severely affected the operations and business. Herbruggen says, “The world has changed with Covid, and since March, the pandemic has affected all industries and infrastructure. Of course, the economy in India has been affected too. Despite that, there are a lot of projects and opportunity. We see now the recovery is now starting I think the virus is more stable and recovery has started in the last two or three months. So we are very positive for the rest of the year. For 2021, we look forward to have continuous growth again in our business areas.” Mining in 2021 The government has started laying greater thrust on mining activities now, so, is there an expectation that the private sector participation, mining technologies, underground mining etc. taking place and giving a boost to the sector? Herbruggen says, “We see a little bit of downtrend especially in the cement industry. But with the upcoming projects for road construction and so on, it should also be picking up soon. We have mixed feelings, but we believe in the support of the government and the changes that they have made and that they will keep on making. Mining will start to grow very much in 2021, I think they should continue with the projects that they have started before they look into new projects because this is good for the economy. We have a very good positive feeling about mining in India for 2021.”State-of-the-art manufacturing facility A factory with all the new technologies has been built in Chakan, near Pune, to have the best environment link production where “the company not only produces but also designs portable compressors, lighting towers and also industrial compressors.” In regards to the impact of the shutdown on the factory and maintaining social distance norms, Herbruggen says, “The factory was completely shut down in April, but now production is picking up again. For us the most important [priority] is the well-being of our employees. We have introduced a lot of rules due to Covid from social distancing and so on, but the factory is working very efficiently again.”

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?