Volvo Construction Equipment Continues to Shape the Future Through Customer-Centric, Technology-Led Innovation
Volvo CE has incorporated a plethora of cutting-edge technologies into its machines for better performance and efficiency. In an exclusive interview to CONSTRUCTION OPPORTUNITIES, DIMITROV KRISHNAN, MANAGING DIRECTOR, VOLVO CE INDIA PVT LTD, gives an overview on the mining equipment industry, rentals market and a lot more.
Briefly give us an overview of the mining equipment industry, the latest trends and market dynamics.
The mining equipment industry is evolving rapidly, driven by India’s growing demand for minerals to support infrastructure, steel, energy, and critical mineral development.
Today, mining companies are focused not just on expanding fleets, but on maximising productivity, improving machine utilisation, reducing the total cost of ownership, and enhancing safety. This is accelerating the adoption of connected, fuel-efficient, and intelligent equipment, supported by digital technologies and predictive maintenance. Going forward, we believe growth will be driven by solutions that combine productivity, sustainability, and lifecycle value, enabling customers to operate more efficiently and responsibly.
Detail us on your mining equipment, types and capacities. How is your organisation integrating advancements in digitalisation, automation, AI, telematics and predictive technologies to enhance productivity, safety, lifecycle value and overall machine performance for customers?
Volvo CE offers a comprehensive portfolio of mining solutions in India, including crawler excavators ranging from 20 to over 90 tonnes, articulated haulers, and wheel loaders, designed to meet the demanding requirements of coal, iron ore, limestone, and quarrying applications. Our focus extends beyond delivering machines to providing intelligent solutions that maximise productivity, uptime, and lifecycle value.
Digitalisation is at the heart of our approach. Through Volvo Co-Pilot, Dig Assist, telematics, and the CareTrack fleet management system, customers gain real-time insights into machine health, fuel consumption, utilisation, and operator performance, enabling data-driven decision-making and predictive maintenance. We are also leveraging AI-powered analytics, connected services, and remote diagnostics to minimise unplanned downtime, optimise maintenance planning, and improve fleet efficiency. Combined with Volvo’s industry-leading standards in safety, fuel efficiency, operator comfort, and service support, these technologies help customers achieve higher productivity, lower total cost of ownership, and more sustainable mining operations.
Has your company launched any new machines or launching any new machines in the near future?
Volvo CE continues to strengthen its portfolio to meet the evolving needs of the mining and infrastructure sectors. In India, our recently launched ‘Made in Bharat’ EC210 and EC215 excavators have been well received for their performance, fuel efficiency, reliability, and versatility across mining, quarrying, and infrastructure applications. We have also expanded our heavy excavator portfolio with the launch of the EC650, reaffirming our commitment to delivering high-performance solutions for demanding mining operations.
Going forward, our focus remains on bringing customer-centric, technology-led innovations that enhance productivity, safety, and sustainability. By integrating connected technologies, telematics, and intelligent machine solutions, we aim to help mining customers maximise uptime, improve operational efficiency, and reduce the total cost of ownership.
Rentals are growing, your strategy to tap opportunities and outlook for the rentals market.
The rental market in India is growing rapidly as customers increasingly prefer flexible, asset-light solutions that optimise capital investment and improve fleet utilisation.
At Volvo CE, we are addressing this shift through our Equipment as a Service (EaaS) offering, providing customers with flexible access to high-performing, connected machines backed by uptime services, maintenance, and digital fleet management. We believe rental and models like EaaS will play a key role in improving productivity, reducing total cost of ownership, and accelerating technology adoption across the mining industry.
What sort of government policies or measures will foster growth for the mining equipment industry?
India has created strong momentum through sustained investments in infrastructure and mining, and maintaining this long-term policy continuity will be critical for the industry’s growth. Going forward, greater emphasis on faster project execution, simplified approvals, localisation of advanced equipment and components, skill development, and the adoption of digital and sustainable technologies will further strengthen the sector.
Policies that encourage innovation, cleaner technologies, and domestic manufacturing will not only improve the competitiveness of the mining equipment industry but also support India’s vision of becoming a global manufacturing hub.
Future outlook on the industry and from a company perspective.
The outlook for the Indian mining equipment industry remains very positive, supported by continued investments in infrastructure, increasing demand for critical minerals, and the ongoing modernisation of mining operations. We expect the industry to move beyond a focus on equipment ownership to one centred on productivity, uptime, sustainability, and lifecycle value.
At Volvo CE, we are well positioned to support this transition through advanced, connected machines and intelligent solutions that help customers maximise productivity, improve safety, reduce emissions, and optimise the total cost of ownership. As the industry evolves, we will continue to invest in innovation, digitalisation, and customer-centric solutions that enable more efficient, sustainable, and profitable mining operations.
