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    In limited instances, equipment was identified by corporate groupings above the mine level (e.g. coal-producing entities within the Coal India corporate structure). The 1,500-plus mines included in the database supply the majority of surface-mined coal, copper, iron ore and gold produced annually.

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    The global mining equipment market size was valued at USD 120.82 billion in 2017 and is anticipated to record a CAGR of 11.7% during the forecast period. Growing drilling and exploration activities across the globe are projected to drive the market over the coming years

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    The Indian construction, mining equipment industry continues to be highly dependent on the demand for Backhoe loaders and Hydraulic Excavators. The Backhoe Loader alone contributed to 40% of the overall sales by volume during FY 2017-18, a very India specific phenomenon.

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