With an increase of 26 percent compared to the same period of the previous year, the growth rate of incoming orders remained high at the end of 2017. Unfortunately, the turnover in December fell short of the strong figures from the previous year. The Federal Statistical Office reports a 6.8 percent increase in the production of mining machinery for the first three quarters of 2017.
The Indian affiliates of the VDMA member companies in autumn 2017 consider their business perspectives less positively than in spring. Twice yearly, the VDMA in India has been surveying top executives of the member companies and thereby capturing their mood and expectations.