State Targets 32 Per Cent Growth In Mining Sector
COAL & MINING

State Targets 32 Per Cent Growth In Mining Sector

The launch of the Jonnagiri gold mining project marked a significant milestone for Andhra Pradesh, the Minister for Mines, Kollu Ravindra, said at the inaugural ceremony near Tuggali. He attributed the mega venture to the Chief Minister, N. Chandrababu Naidu, whose vision and initiative were said to have enabled the project. The site is operated by Geomysore Services (India) Private Limited and is expected to be one of the state's major mineral endeavours. State officials noted prior geological surveys and partnerships with technical institutions during project planning.

The state government has set a target of 32 per cent growth in the mining sector, and the ministry is accelerating exploration for gold, beach sand minerals, iron ore and manganese. Officials indicated that gold deposits have been identified in Anantapur and Chittoor districts, and the exploration push will extend to additional tracts. Policy support and clearances are being prioritised to move projects from discovery to production.

Ravindra outlined plans to streamline approvals and enhance infrastructure to attract investment and scale operations, while emphasising environmental safeguards and community engagement. The ministry plans to work with firms to ensure sustainable extraction practices and benefit sharing with local communities. Engagement with gram sabhas and local representatives is planned to address land and rehabilitation concerns. Investment proposals are being reviewed with attention to logistics, processing capacity and market access.

Analysts expect the project to create employment and add to the state's resource base, with downstream benefits for related industries and services. The ministry will monitor progress at the Jonnagiri site and other identified deposits and adjust timelines as exploration results become available. Monitoring mechanisms and periodic audits will be instituted to ensure compliance with statutory norms and social obligations. Officials stressed that the growth target will depend on timely clearances and the pace of private sector participation.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The launch of the Jonnagiri gold mining project marked a significant milestone for Andhra Pradesh, the Minister for Mines, Kollu Ravindra, said at the inaugural ceremony near Tuggali. He attributed the mega venture to the Chief Minister, N. Chandrababu Naidu, whose vision and initiative were said to have enabled the project. The site is operated by Geomysore Services (India) Private Limited and is expected to be one of the state's major mineral endeavours. State officials noted prior geological surveys and partnerships with technical institutions during project planning. The state government has set a target of 32 per cent growth in the mining sector, and the ministry is accelerating exploration for gold, beach sand minerals, iron ore and manganese. Officials indicated that gold deposits have been identified in Anantapur and Chittoor districts, and the exploration push will extend to additional tracts. Policy support and clearances are being prioritised to move projects from discovery to production. Ravindra outlined plans to streamline approvals and enhance infrastructure to attract investment and scale operations, while emphasising environmental safeguards and community engagement. The ministry plans to work with firms to ensure sustainable extraction practices and benefit sharing with local communities. Engagement with gram sabhas and local representatives is planned to address land and rehabilitation concerns. Investment proposals are being reviewed with attention to logistics, processing capacity and market access. Analysts expect the project to create employment and add to the state's resource base, with downstream benefits for related industries and services. The ministry will monitor progress at the Jonnagiri site and other identified deposits and adjust timelines as exploration results become available. Monitoring mechanisms and periodic audits will be instituted to ensure compliance with statutory norms and social obligations. Officials stressed that the growth target will depend on timely clearances and the pace of private sector participation.

Next Story
Real Estate

ANDPL launches AI assistant for Dharavi residents

Adani Navbharat Developers (ANDPL), the special purpose vehicle implementing the Dharavi Redevelopment Project (DRP), has launched Dharavi Didi, a 24x7 AI-powered digital assistant to provide residents with official information on the redevelopment programme.Accessible through video calls, voice calls and WhatsApp, the platform enables residents to obtain information on surveys, eligibility, documentation, rehabilitation and project updates in Hindi, Marathi and English. Support for Tamil, Telugu and Gujarati is planned in the coming months.According to ANDPL, the initiative is intended to imp..

Next Story
Infrastructure Urban

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by..

Next Story
Infrastructure Urban

PTC Secures BrahMos Order For Strategic Missile Subsystem

PTC Industries Limited has received a landmark order from BrahMos Aerospace Private Limited for development, integration and supply of a strategic missile sub-system for the BrahMos programme. The order marks the company’s first major assignment in systems-level integration and represents a strategic move further downstream in the aerospace and defence value chain. The award reflects BrahMos Aerospace's confidence in PTC’s engineering depth, manufacturing discipline, quality systems and execution capability. The development opens a new chapter as PTC transitions from supplying critical mat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement