India produces 95 minerals, including 4 fuel-related minerals, 10 metallic minerals, and 3 atomic minerals.
Largest producer of crude steel
US$ 17 bn
FDI equity inflows to metallurgical industries and mining (Apr 2000 - June 2022)
Domestic steel production capacity by 2030
largest producer of coal in the world.
mines currently operational across India.
of India's mines yet to be explored.
FDI under automatic route allowed in mining.
mines awarded 5 star ratings for best practices.
Growth of the Average Index of Industrial Production of Manufacturing of basic metals in the FY22
reserves of Iron ore, Bauxite, Chromium, Manganese ore, Baryte, Rare earth, and Mineral salts.
The Ministry of Mines first notified the Mineral Auction Rules in 2015, prescribing the procedure of the auction process. Following a consensus between the Ministry and the state governments to make the process more pragmatic without sacrificing the checks on successful bidders, The Mineral Auction Rules were amended in 2017.
In August 2019, Government of India allowed 100 per cent FDI, under the automatic route, for coal mining and sales activities including associated processing infrastructure subject to the provisions of Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957.
The Production Linked Incentive (PLI) Scheme introduced for ‘Specialty Steel’ for a period of 5-year with financial outlay of Rs 6,322 Crore. The PLI scheme aims to promote the manufacturing of ‘Specialty Steel’ within the country by attracting capital investment, generating employment and promoting technology up-gradation in the steel sector
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India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments
Hindalco - industry leader in aluminium and copper
Vedanta Group - a leading diversified resources company
Hindustan Zinc - integrated mining and resources producer
JSW Steel - high value steel production and export
Adani Group - one of the world's largest mining groups
Lindian Resources - mineral exploration
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments
India’s mineral production rose by 7.5% to 113 basis points …Read More
India’s Industrial Production (IIP) grew by 1.3% in January 2022, …Read More