With the mining segment getting government support in a big way, the tipper and tip trailer segment will witness growing demand in the days to come, opines Biswanath Saha, Head (Business Development), Tata International DLT
The Indian market for tippers and tip trailers is primarily dependent on infrastructure construction and the mineral extraction industry. At present, there are increasing opportunities generated by the rising coal mining segment in the country and the economy bounce-back after the downfall due to the pandemic, coupled with the growing trends in the change in GST implementation and the growing transition in the Bharat Stage (BS) standards. Once again, the corona virus cases are increasing and we may see a minor slump in economy. However, it will be temporary.
As of now, with more focus on alternate energy, the Government of India is planning to increase coal mining in the country, which will create a direct demand for tipper trucks in the coming year. This increased domestic output of coal will reduce the dependency on imports. Moreover, as coal mining is increasing, the demand for tipper trucks will increase as it is responsible for transporting the coal to nearby destinations from the mines. Coal India plans to transport coal by road. As a matter of fact, various mines are located in remote areas of the states and cannot be connected via railways.
The average market for the tippers segment in India is approximately 60,000 units per annum comprising all segments. The Indian tipper truck market stood at USD 1.65 billion in 2018 and is projected to grow at a CAGR of over 11% during 2019-2024 to reach USD 3.1 billion by 2024, owing to the increasing number of infrastructure projects and availability of easy financing options offered by financial institutions. Based on tonnage carrying capacity, tipper trucks are categorised into light (2 tonne – 16 tonne), medium (16 tonne – 31 tonne) and large (31 tonne – 55 tonne) tipper trucks. Analysing the trend of the past few years, the medium tipper truck segment is continuing to witness high demand among end-users on account of its application in a variety of tasks.
It is then followed by the large tipper truck segment. Nowadays, in ore mining, especially iron ore, for Odisha and the nearby belts and for construction and aggregates in Rajasthan and North India the large segment of tippers and tipper trailers is being used. In order to cater to the emerging demand of the construction market, Tata DLT is ready with state-of-the-art manufacturing facility in Pune, Jamshedpur and Ajmer with total capacity of approximately 500 units per month rigid tipper and tip trailers to fulfil the upcoming demand. We offer a complete range of products from 10.5 CBM to 29 CBM rigid tippers and 20 CBM to 44 CBM tip trailers compatible with all major OEMs like Tata Motors, Ashok Leyland, Daimler India, Mahindra Truck & Bus and VECV.
Tata DLT tippers and tip trailers are made for rough usage in the construction and mining areas. We have also developed various capacity rock bodies for mining application. Moreover, to provide better solutions and more payloads we have specially designed lighter range of tippers where operators can enjoy 500-800 kg more payloads. In the case of tip trailers, customers can get the added payload of 600 kg to 1,000 kg depending upon cubic capacity or size. The extra payload can increase revenue by reducing the number of trips. Till now Tata DLT was known for its trailers’ range of products, but it’s a firm start in the tippers segment (rigid and trailer) with the same Tata brand assurance of quality and reliability.