Current Situation of Crushing Machines in India

In recent years, India has speeded up its development agenda. One explicit indicator of this fact is the aggressive pace of construction activity in the country. Indian government has set the goal of 2020 for India to become a developed country. The particular emphasis on infrastructure development will put India on a road map with Brazil, China, and Russia, or rather, the Bricks towards becoming a developed nation. Many large projects have been undertaking or are poised to undertake in the next future, which brings a valuable chance to sand-making companies. And many of them are eager to seize this opportunity of growth, and nowadays, they have imported many sets of sand washing device from China, which is famous for goods with high ratio of performance and price.

No matter which country you come from, if you would like to invest in the mining industry, you should come into contact with the local or national institution of mining management. Especially, when you are eager to get a mineral concession, you should act according to laws and regulations. With the rapid development of economy, more and more businessmen have decided and are thinking about to invest in the mining industry. However, they often meet some problems, and among them, the unawareness of regulations accounts for a considerable proportion.

The produced by Hongxing Machinery has two models, including the XSD-series and LSX-series sand washing machine, our sand maker features simple structure, water saving, no pollution, and easy maintenance. It adopts a new sealing structure and bearing device which ensure an efficient performance. To our pride, our sand washing devices have been used in many large projects in India, such as the Delhi metro rail project, highway projects and river inter-linking project. We believe our company is able to grow with India, and Hongxing Machinery will serve local sand-making companies by producing more high-quality sand washing plants and service.

The entrepreneurs desirous of bringing in foreign direct investment in the non-fuel and non-atomic mineral mining sector are eligible to bring in the foreign equity just by informing the Reserve Bank of India, termed as ‘”automatic approval”. Automatic approval of foreign direct investment up to 100% is permissible for exploration and exploitation of all non-fuel and non-atomic minerals. For being eligible to obtain a mineral concession in India, a transnational/ foreign Company will be required to incorporate and register as an Indian company under Section 3(1) of Companies Act, 1956. There is absolutely no bar to the extent of foreign holding in such a company, as long as it is registered in India. The Indian company can thereafter apply for mineral concessions to the State (Provincial) Government concerned.