Ban on iron ore mining activities in Karnataka and disruption in operations in Goa has affected Volvo Trucks India sales.
“The company which was selling 200 to 300 trucks in a good year now has seen 70 per cent drop in volume,” said Mr Somnath Bhattacharjee, President, Volvo Trucks India.
“This is a minor aberration, once the regulatory frame work is in place we expect to do well,” he added.
New trucks launched
At the Excon2011, the company launched new trucks built specifically for deep opencast mining and heavy construction applications.
Mr Bhattacharjee said, “We are extremely proud of this truck and believe that this new high performance tipper would set higher performance standard and raise the bar in opencast mining haulage productivity and efficiency with unmatched safety standards.”
The company has already got 10 firm orders for FMX trucks mainly from coal mining companies.
Explaining the features of the new truck, he said it comes with 440 HP engine and a torque of 2200 nm. New upper grill inspired by the FH series, contributes to a modern look.