Metallurgy & Mining

///Metallurgy & Mining

Indian Steel Industry in limelight: revival will pull FDI

The mining and quarrying sector in India experienced a cumulative growth of 5.3% during FY 2016-17. It is known that bureaucratic hurdles have undermined the positive development in the sector for decades. The Indian Government is undertaking various steps to attract investors and increase domestic production. This should reduce the dependency on [...]

2018-06-20T15:16:52+05:30

Mining Industry seeks reduced dependency on imports

India is rich in minerals and only a fraction of its potential has been explored resulting in major imports. The Government’s target is to increase the share of mining and quarry to the country’s GDP by additional 1% from current 2.4%. Further, its dependence on imports in the Mining Industry [...]

2018-06-20T15:13:56+05:30

Revolution in the Indian Mining Industry?

Being a mineral rich country and having advantageous geographical conditions, India is economically empowered. The Government of India is implementing policies which will bring transparency in the system and also provide the much required impetus to the Mining Industry. Mining contributes around 2-2.5% to India’s GDP. In India, there are [...]

2018-06-20T15:10:24+05:30

New governmental support for the Indian Steel Industry

The Metallurgy Industry is the derivation of many products. Raw materials are being processed and used by numerous industries, such as automotive, construction and infrastructure. That makes it an important supplier in the Indian economy. India is surging ahead to become the 2nd largest crude steel producer within the coming [...]

2018-06-20T14:13:14+05:30

Metallurgy in India – Ease of Doing Business

The Indian Government launched the initiative ‘Make in India’ in 2014 to encourage companies to manufacture their products in India by reducing bureaucratic barriers. What is the effect for the Metallurgy in India? The Metallurgy in India faced big changes in the 90s with the onset of the liberalization and [...]

2018-06-20T14:11:51+05:30

Indian Metals – the next Global leader?

The metal and mining industry of India recorded 20% expansion in 2011 and expected to more than double in revenue to $305 billion by the end of 2015. Production volumes have been growing steadily within each export market and India’s strategic location enables convenient exporting to both developed markets as [...]

2018-06-20T14:04:22+05:30