Sandvik to enhance focus on mining and construction in India

Sandvik, the global engineering group, to increase its focus in Indian mining and construction market. In order to increase its market penetration and market share in India, Sandvik has announced acquisition of new land of 50 acres for Sandvik Asia Pvt. Ltd. and projects significant investments including R&D by 2016.
 
Ajay Sambrani, Managing Director, Sandvik Asia said, “We have identified mining and construction as a major growth area in India, which will make significant contribution to the company’s top line and would become the largest Business Area in Sandvik Asia Pvt. Ltd. in a short time. In this context it must be mentioned that India is becoming an important global source for components, assemblies, materials, spares and consumables, etc., which are required for the group’s manufacturing of mainly mining and construction equipment”.  
 
Olof Faxander added, “Sandvik’s overall focus is to provide added values to ensure the customers’ enhanced productivity, higher competitiveness and increased profitability”.
 
Sandvik continues to successfully add new products to its portfolio for Sandvik Mining, Sandvik Machining Solutions, Sandvik Materials Technology and Sandvik Construction. The company has recently launched 160 D Surface Rock Drill locally designed, sourced and manufactured for Indian market, mainly for medium size industries. This is one of the first developments from the engineering and design center for mining and construction, which will now be enlarged to include about 15 designers in the first phase in Pune. This will be complimented by a strengthened teams at Bangalore, Kolkata and Gurgaon. Besides, the R&D team and Patancheru, Hyderabad will continue to grow in line with global requirement of specific types of rock excavation tools.
 
Sandvik’s cemented carbide recycling plant at Chiplun, Maharashtra has been a success story of global and local R&D. The plant recycles all expensive components in cemented carbide like tungsten, cobalt, tantalum in totality using a physical process. Over the last few years hundreds of tonne of carbide scraps collected from all over the world have been recovered. This center is expected to add a significant capacity this year to take the process ahead.
 
On the community development front Sandvik has launched a series of CSR engagement programmes in India with focus in areas like Education, Health and Vocational Training for the underprivileged section of society. On 17th May, the company will inaugurate ‘Sandvik Chair Professorship’ in Indian School of Mines, Dhanbad which is an example where ‘technology meets academia’.

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