Business news

NEW DELHI, 11 September (BelTA) - The Belarusian automobile engineering company BelAZ is going to deliver 50 haul trucks to Mozambique in cooperation with an Indian company, the company’s director general Piotr Parkhomchik told the media, BelTA has learned.

There are plans to sign the supply contract during the official visit of the Belarus president to India. The vehicles will be delivered by the Indian company. “The first half of haul trucks, 25 vehicles, will be shipped this year. The second half will arrive in Q1 2018. This company also plans to buy ten haul trucks with a payload capacity of 139 tonnes to be delivered to India,” the director general said.

Piotr Parkhomchik stressed that the Indian market is very challenging yet interesting for BelAZ. This market is seeing a dramatic shift from light-duty haul trucks to heavy-duty ones. “Now it is crucial to start supplying the latter. This will lay the groundwork for good business related to maintenance services and freight forwarding,” he added.

BelAZ is cooperating with an Indian quarry equipment manufacturer that largely produces light-duty haul trucks. “They are interested in making a step towards the production of heavy-duty haul trucks. There are no technical obstacles to setting up a joint venture. We now need to obtain the consent of Indian authorities. We hope to obtain it during the president’s visit and then to start working on our tasks,” Piotr Parkhomchik remarked. He specified that there are plans to solve all the organizational issues by the year-end in order to start assembling the vehicles in 2018.

BelAZ also intends to take an active part in a tender to ship 250 heavy-duty haul trucks with different payload capacity to India. The tender is yet to be announced. “If we get at least half of this pie, this will give a massive boost to our company,” the director general noted.

The automobile engineering company BelAZ is a highly effective industrial enterprise that makes mining vehicles and specialized vehicles using innovative technologies. Since its foundation the company has made over 500 various modifications of haul trucks and special-purpose vehicles, assembling some 146,000 vehicles and selling them to 72 countries across the globe.