The representatives of JSC Mining Machines participated in the 13th International Mining and Machinery Exhibition IMME 2016, which took place in the period November 16-19, 2016 in Kolkata. At the exhibition the company representatives carried out a number of meetings with the representatives of Indian companies and reached agreements on further cooperation.
IMME is the major mining exhibition in India carried out not more often than once in 2-3 years.
IMME 2016 is:
In 2015 fiscal year India spent USD 14 bln. for the coal import and this figure is expected to grow up to USD 25 bln. in 2016/17. The combination of the growing shortage for the current operations, the Indian currency exchange rate downfall, and the necessity to expand the infrastructure with the purpose to return the economy growth has persuaded the government to introduce a number of measures promoting the increase in the coal mining in India.