Mining and quarrying contributes around 2.4 per cent of the national gross domestic product (GDP).

300 MT

Domestic steel production capacity by 2030

US$ 20.26 bn

FDI equity inflows to metallurgical industries and mining (Apr 2000 - March 2022)

US$ 27.73 mn

projects launched under Government scheme.

2nd

largest producer of coal in the world.

1,531

mines currently operational across India.

80%

of India's minerals reserve yet to be explored.

100%

FDI under automatic route allowed in mining.

57

mines awarded 5 star ratings for best practices.

300mn tonnes

projected capacity of India's steel sector by 2030-31.

Large

reserves of Iron ore, Bauxite, Chromium, Manganese ore, Baryte, Rare earth, and Mineral salts.

Geological Survey of India

033-23571775

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Geological Survey of India is an attached office to the Ministry of Mines.

Indian Bureau of Mines

+ 91 712 2560041

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The agency is engaged in promotion of conservation, scientific development of mineral resources and protection of environment in mines other than coal, petroleum & natural gas, atomic minerals and minor minerals.

Ministry of Coal

011-23384884

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To secure availability of coal to meet the demand of various sectors of the economy in an eco-friendly, sustainable and cost effective manner.

Ministry of Steel

91-11-23063417

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To facilitate enhancement of steel production capacity, currently estimated at 109m tonnes.

investment opportunities

  • Scope for domestic and foreign companies in upcoming PPP opportunities.
  • NALCO, Hindustan Copper and MECL to acquire lithium and cobalt mines abroad.
  • Mining opportunities in gold, silver, platinum, palladium, rhodium and diamond.
  • 100 blocks by Geological Survey of India for auctioning for regional exploration.
  • Growing market for mining equipment, vehicles and technology.

key investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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