New joint venture sees RPM operations expand to India

first_imgRungePincockMinarco (RPM) has expanded its operations to India through the establishment of a joint venture agreement with its new strategic partner, Deepak Mining Services. The new joint venture company will form a base of operations to deliver RPM’s leading software solutions, advisory expertise and professional development solutions to the growing natural resources sector of India. The April isue of International Mining will include a major article on India, its potential amd its failings, and how efforts are being made to correct these so that India can realise its great potential.Speaking from RPM’s Brisbane global head office, RPM Chief Executive Officer Richard Mathews said, “This transaction ends over two years of searching to find a partner who has both a significant footprint in the Indian mining industry and shares our customer-focussed approach towards business. Working with our new partner Deepak Mining Services, the new JV will service the Indian marketplace which is gearing up for massive growth. There’s enormous demand for efficient planning, development and operations by India’s large mining enterprises to secure the raw materials needed to fuel India’s rapid growth.“To meet this demand, we’re eager to introduce our advisory services, leading technology products and long-term relationships with global investment houses to India through this new partnership.”A Deepak Mining Services spokesperson said, “With the need for improved productivity in India’s energy sector, there is a dire need for worldclass mining services which can only be met by the application of best practice advisory and technology products for which RPM is respected globally.” RPM and Deepak Mining Services’ joint venture will also service the nearby mining industries of Pakistan, Bangladesh, Sri Lanka, Nepal and Bhutan.last_img read more