Ascenso: Indonesia is a key market for heavy equipment and mining support
The mining industry is currently facing increasingly complex operational requirements.
Indonesia is considered one of the vital markets for heavy equipment and various mining support technologies, as coal and critical mineral mining activities continue on a large scale across the country.
“The mining industry is now facing increasingly complex operational needs, so the demands for the performance of heavy equipment and tyres are also continuously increasing,” said Yogesh Mahansaria, Managing Director of Ascenso Tyres, in a written statement in Jakarta on Friday.
The Indian-based global tyre manufacturer is expanding into the mining segment, supported by an investment of more than US$100 million and state-of-the-art manufacturing facilities, as part of its long-term commitment to the Radial Off The Road (R-OTR) tyre market and global mining.
Yogesh Mahansaria stated that the presence of the R-OTR portfolio expands the company’s product options to meet high-performance mining operational needs. In line with efforts to strengthen its position in Indonesia, Ascenso is also continuing to expand local partnerships to support the development of this portfolio in the Indonesian market.
R-OTR tyre products began development in late 2023 at manufacturing facilities in India, in response to the increasing market demand for high-performance radial mining tyres in various countries.
At the Mining Indonesia 2024 event, held from 9–12 September at the Jakarta International Expo (JIExpo) Kemayoran, the company showcased the 49-inch R-OTR platform as a tyre line for heavy equipment needs in the mining sector.
“Our transition to Radial OTR is a direct response to the needs expressed by customers in various regions, namely the need for a tyre partner capable of keeping pace with the performance demands of modern mining operations,” said Yogesh Mahansaria.
Ascenso Tyres CEO, Dhaval Nanavati, mentioned that over the past four years, the company has built a strong foundation in the agriculture, forestry, and construction segments, and that this experience has taught the importance of always remaining close to customers.
“As we enter the mining sector, we maintain the same approach, which is to understand customer needs directly from the field,” added Dhaval Nanavati.