Electric off-highway machinery needed for greener mines, factories

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Mint in an interview. Close to 40% of Dana India's production in India is exported for global trucks and off-highway equipment markets.

Nearly 10% of these exports cater to the electrification of these segments, he said.“We are expecting our EV business to be at least 20% of our total business in India in the next 3 to 5 years," Gandhe said, adding that the growth will be driven by fulfilment of its OEM clients' electric bus orders, as well as rapid electrification of the off-highway market. Further, growth in electrification of the three-wheeler and high-performance motorcycle segment is also expected to help Dana grow its EV business.The company's electric vehicles business currently accounts for 5% of its overall turnover.Dana India says it accounts for about 60% of India's electric bus and truck market in terms of the major components it supplies to commercial vehicle original equipment manufacturers (OEMs).Also read: We challenge OEMs to invest in India, compete with us: M&M's Anish ShahIn the off-highway segment, the level of electrification currently varies with different applications.

However, many OEMs are making significant investments to electrify their vehicles quickly, Gandhe explained. According to him, industries like construction and mining often operate within relatively short distances of a few meters, and can easily access charging points within their work locations.“For example, electrifying mining vehicles would eliminate the emissions that accumulate within confined spaces, improving the working environment.

Similarly, construction vehicles such as cement haulers and various types of lifts only need to travel short distances daily, making them ideal candidates for electrification. Additionally,