Mining & Metals are the backbone of the global economy. Standing at the beginning of most value chains, the Mining & Metals industry is a critical supplier of essential inputs and a global generator of trade and employment. It also has important environmental, fiscal and social effects, and acts as a catalyst for the economic progress of numerous mining-dependent countries in the world.
The Mining & Metals industry comprises the extraction of useful minerals from the ground, including oil and gas, coal, metal ores and non-metallic minerals, and related support activities. It also includes activities lower down the supply chain, such as metal processing, manufacturing of metals and a variety of fabricated metal products, such as cutlery, metal structures, boilers, tanks and ammunition.
The steel sector contributed about 2% of the Indian economy’s total GVA in FY2018, employing 500,000 people directly and 2.5mn people indirectly. Indian crude steel production is the second-largest in the world and the domestic steel market is ...View more details
The Indian metal processing sector enjoys solid foundations for growth, stemming from the industrialised economy and the abundant metallic mineral resources. Still, the sector accounts for less than 2% of the economy in terms of GVA at current prices ...View more details
India has abundant mineral resources and is a leading global producer of many minerals. In 2017, the country ranked as the world’s fifth-largest iron ore, fourth-largest coal, and third-largest chromium producer. The country also occupies ...View more details
The Indian metal processing sector is highly developed, reflecting the country’s rich mineral resource base. The industry’s competitiveness is increased by the presence of global players among the Indian metal companies. Metal products ...View more details
India has abundant mineral resources comprising fuel, metallic, and non-metallic minerals, with proven reserves of some 90 different minerals spread across its territory. “Mining” (or “mining and quarrying”) is defined as ...View more details
The Indian steel industry contributes around 2% of the country GDP and employs some 500,000 people directly and about 2mn indirectly. The Indian government sees the steel sector as strategically important and as a foundation for rapid ...View more details
Alongside mining, non-ferrous metal processing is vital to the Indian economy, as it provides inputs to industries across the country’s manufacturing spectrum. Despite the high reported levels of self-sufficiency in many metallic minerals, ...View more details
The Indian mining sector’s GVA accounted for some 3.8% of GDP in FY2016, as against 4.5% in the previous year. A number of mining commodities, such as crude oil, coal and iron ore, are not only domestically produced but also imported, which ...View more details
India is the world’s third-largest crude steel producer, third-largest finished steel consumer and the global leader in sponge iron manufacturing. The country claims nearly 6% of the global crude steel production and around 5% of the pig iron ...View more details