India Set to Lead Offshore Mining
COAL & MINING

India Set to Lead Offshore Mining

India's amended legislation opens up vast opportunities for offshore mining, positioning the nation as a formidable player in the global arena. With the potential to tap into rich mineral deposits lying beneath its seabed, India stands at the forefront of a burgeoning industry set to redefine its economic landscape.

The amendments address regulatory complexities and streamline processes, fostering a conducive environment for investment and development in offshore mining ventures. By simplifying licensing procedures and providing clarity on royalty structures, the government has laid the groundwork for attracting both domestic and international stakeholders.

Key sectors poised to benefit from India's offshore mining boom include rare earth elements, critical minerals, and metals essential for emerging technologies like renewable energy, electric vehicles, and electronics manufacturing. As the world increasingly shifts towards sustainable practices and green technologies, India's strategic focus on offshore mining underscores its commitment to meeting global demand while ensuring environmental stewardship.

Moreover, the amendments align with India's broader vision of self-reliance and reducing dependency on imports, particularly in critical sectors like minerals and metals. By leveraging its maritime resources, India aims to bolster its industrial base, enhance energy security, and create employment opportunities across coastal regions.

As India steers towards becoming a leader in offshore mining, collaboration between government agencies, industry players, and research institutions will be crucial for driving innovation, promoting best practices, and mitigating environmental risks. Embracing sustainable mining practices and adhering to stringent environmental regulations will be imperative to safeguarding marine ecosystems and preserving biodiversity for future generations.

In summary, India's journey towards offshore mining leadership signifies a paradigm shift in its approach to resource management, positioning the nation as a prominent player in the global mining landscape.

India's amended legislation opens up vast opportunities for offshore mining, positioning the nation as a formidable player in the global arena. With the potential to tap into rich mineral deposits lying beneath its seabed, India stands at the forefront of a burgeoning industry set to redefine its economic landscape. The amendments address regulatory complexities and streamline processes, fostering a conducive environment for investment and development in offshore mining ventures. By simplifying licensing procedures and providing clarity on royalty structures, the government has laid the groundwork for attracting both domestic and international stakeholders. Key sectors poised to benefit from India's offshore mining boom include rare earth elements, critical minerals, and metals essential for emerging technologies like renewable energy, electric vehicles, and electronics manufacturing. As the world increasingly shifts towards sustainable practices and green technologies, India's strategic focus on offshore mining underscores its commitment to meeting global demand while ensuring environmental stewardship. Moreover, the amendments align with India's broader vision of self-reliance and reducing dependency on imports, particularly in critical sectors like minerals and metals. By leveraging its maritime resources, India aims to bolster its industrial base, enhance energy security, and create employment opportunities across coastal regions. As India steers towards becoming a leader in offshore mining, collaboration between government agencies, industry players, and research institutions will be crucial for driving innovation, promoting best practices, and mitigating environmental risks. Embracing sustainable mining practices and adhering to stringent environmental regulations will be imperative to safeguarding marine ecosystems and preserving biodiversity for future generations. In summary, India's journey towards offshore mining leadership signifies a paradigm shift in its approach to resource management, positioning the nation as a prominent player in the global mining landscape.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement