Give a brief overview of the Mining Industry .Which Type of mining equipment is currently most in demand.
India was the third largest producer of coal and fourth largest producer of iron ore in FY18.India benefits from strategic location that enables exports to many Asian markets. It also has a fair production competitive advantage in Steel and Aluminium. Mining sector has got a shot in arm with the current government allowing 100% FDI in Mining. Power and Cement industries in India will aid the growth of metal and mining sector .Increase in Iron and Steel demand will benefit the sector.