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

2nd

Largest producer of crude steel

US$ 17 bn

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

300 MT

Domestic steel production capacity by 2030

2nd

largest producer of coal in the world.

1,531

mines currently operational across India.

20%

of India's mines yet to be explored.

100%

FDI under automatic route allowed in mining.

57

mines awarded 5 star ratings for best practices.

18.4%

Growth of the Average Index of Industrial Production of Manufacturing of basic metals in the FY22

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

News

Mineral production grows by 7.5% in June

August 22, 2022

India’s mineral production rose by 7.5% to 113 basis points …

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India’s IIP grows by 1.3% in Jan 2022: Commerce Ministry

March 14, 2022

India’s Industrial Production (IIP) grew by 1.3% in January 2022, …

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Coal demand to peak in India by 2030: NITI Aayog

December 22, 2021

Coal will continue to be India’s primary mainstay energy source …

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Events