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the demanding requirements of coal, iron ore, limestone, and increasingly prefer flexible, asset-light solutions that optimise
quarrying applications. Our focus extends beyond delivering capital investment and improve fleet utilisation.
machines to providing intelligent solutions that maximise At Volvo CE, we are addressing this shift through our Equipment
productivity, uptime, and lifecycle value. as a Service (EaaS) offering, providing customers with flexible
Digitalisation is at the heart of our approach. Through Volvo Co- access to high-performing, connected machines backed by
Pilot, Dig Assist, telematics, and the CareTrack fleet management uptime services, maintenance, and digital fleet management. We
system, customers gain real-time insights into machine health, believe rental and models like EaaS will play a key role in improving
fuel consumption, utilisation, and operator performance, enabling productivity, reducing total cost of ownership, and accelerating
data-driven decision-making and predictive maintenance. We are technology adoption across the mining industry.
also leveraging AI-powered analytics, connected services, and
remote diagnostics to minimise unplanned downtime, optimise What sort of government policies or measures will foster growth
maintenance planning, and improve fleet efficiency. Combined for the mining equipment industry?
with Volvo’s industry-leading standards in safety, fuel efficiency, India has created strong momentum through sustained
operator comfort, and service support, these technologies investments in infrastructure and mining, and maintaining this
help customers achieve higher productivity, lower total cost of long-term policy continuity will be critical for the industry’s growth.
ownership, and more sustainable mining operations. Going forward, greater emphasis on faster project execution,
simplified approvals, localisation of advanced equipment and
Has your company launched any new machines or launching components, skill development, and the adoption of digital and
any new machines in the near future? sustainable technologies will further strengthen the sector.
Volvo CE continues to strengthen its portfolio to meet the Policies that encourage innovation, cleaner technologies, and
evolving needs of the mining and infrastructure sectors. In domestic manufacturing will not only improve the competitiveness
India, our recently launched ‘Made in Bharat’ EC210 and EC215 of the mining equipment industry but also support India’s vision of
excavators have been well received for their performance, fuel becoming a global manufacturing hub.
efficiency, reliability, and versatility across mining, quarrying, and
infrastructure applications. We have also expanded our heavy Future outlook on the industry and from a company perspective.
excavator portfolio with the launch of the EC650, reaffirming The outlook for the Indian mining equipment industry remains very
our commitment to delivering high-performance solutions for positive, supported by continued investments in infrastructure,
demanding mining operations. increasing demand for critical minerals, and the ongoing
Going forward, our focus remains on bringing customer-centric, modernisation of mining operations. We expect the industry to
technology-led innovations that enhance productivity, safety, and move beyond a focus on equipment ownership to one centred
sustainability. By integrating connected technologies, telematics, on productivity, uptime, sustainability, and lifecycle value.
and intelligent machine solutions, we aim to help mining At Volvo CE, we are well positioned to support this transition through
customers maximise uptime, improve operational efficiency, and advanced, connected machines and intelligent solutions that
reduce the total cost of ownership. help customers maximise productivity, improve safety, reduce
emissions, and optimise the total cost of ownership. As the industry
Rentals are growing, your strategy to tap opportunities and evolves, we will continue to invest in innovation, digitalisation, and
outlook for the rentals market. customer-centric solutions that enable more efficient, sustainable,
The rental market in India is growing rapidly as customers and profitable mining operations.

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