One of the core sectors in India, the mining sector provides basic raw materials to many important industries. India holds a fair advantage in cost of production and conversion costs in steel and alumina. Its strategic location enables convenient exports to develop as well as the fast-developing Asian markets. India produces 95 minerals– 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals (including building and other minerals).
Coal production grew at CAGR 4.6% over FY14-FY19 (to 730.35 MT) and is expected to grow 6-7% Y-o-Y over FY20.
India ranks fourth in terms of iron ore production globally and production of iron ore in the fiscal year 2019 (up to Feb 19) stood at 187.60 million tonnes. The country accounts to 8 per cent of the world’s deposits of iron ore.
100% FDI in mining in India is allowed under automatic route.
100% FDI in the mining sector in India is allowed in Coal and Lignite under automatic route.
100% FDI in the mining sector is allowed in Mining and mineral separation of titanium bearing minerals and ores, its value addition and integrated activities under government route.
Coal producer share
Petcoke imports growth
Mineral imports growth
India's share in Crude steel production
2nd largest crude steel producer in the world
2nd largest coal producer in the world
4th largest iron ore and aluminium producer in the world
Policy Watch - 100?I by NRIs in Air India
PM Modi: 'India Fulfilling Its Demands Through Make In India - FDI India
PM Modi unveils Atmanirbhar Bharat Abhiyaan for India
China Responds To India's FDI Policy Change: 'Violation Of WTO Principles
This will be a Record FDI Year for India: Invest India CEO Deepak Bagla