US-based Joy Global subsidiary P&H Joy Mining Equipment will set up a US$25 million manufacturing and servicing facility in India’s West Bengal. The new facility will cater to the company’s diversified customer base in the eastern mining belt, including Hindustan Zinc and Copper, and Singareni Collieries.
P&H says it will construct the facility on a site at an industrial park near Durgapur, which is being established as an airport city with a logistics skyhub, IT and industry warehouses.
P&H director Anirudhha Gupta says, “We expect a significant growth in mining activity in the eastern region, with projects like JSW Steel at Salboni and the expansion of mining activity by Steel Authority of India, both in coal and iron ore.
“We have set a target date of commissioning the first phase of our project by 2013. Initially, we will set up a fabrication unit for mechanical structurals and start by manufacturing the smallest machines in our catalogue. In the second stage, we will start making the transmission equipment and finally in the third phase we take up the electrical parts. However, we are yet to firm up our investment road map for the second and third phases.”
The company will also offer its first ‘Smart Service’ to Indian customers out of the new facility, using a satellite-based system for remote monitoring of mining equipment in real time.
“The service is popular among our global clients in South Africa, Australia and the US and it helps reduce machine down time significantly. The service will be based on ‘Prevail’, a proprietary software developed by Joy Global,” Anirudhha Gupta said.
“While P&H has expertise in surface mining equipment, Joy specializes in underground equipment. The two businesses represent two departments but we operate as one company.”
Joy Global provides manufacturing, distributing and servicing equipment for surface and underground mining and bulk material conveyor systems to worldwide customers. Its businesses, P&H Mining Equipment and Joy Mining Machinery, make original equipment and parts for both underground and open–pit mining industries.
Joy Global’s products are used in coal, copper, iron ore, oil sands and gold mining operations in more than 20 countries.