GMDC Invests Rs.90 Million in Gujarat's First Underground Copper Mine
ECONOMY & POLICY

GMDC Invests Rs.90 Million in Gujarat's First Underground Copper Mine

Gujarat Mineral Development Corporation (GMDC) is set to revolutionize the mining landscape with its groundbreaking ?90 million investment in the first underground copper mine in Gujarat. This strategic move marks a significant milestone in India's mining sector, showcasing a commitment to advanced and sustainable mining practices.

The state-of-the-art copper mine project involves cutting-edge technology and environmentally conscious methodologies, aligning with global standards for responsible resource extraction.

GMDC's ambitious venture aims to tap into the rich copper reserves beneath Gujarat's soil, boosting the region's economic prospects and contributing to the nation's self-reliance in copper production.

This transformative initiative not only underscores GMDC's dedication to technological progress but also demonstrates a forward-thinking approach to natural resource utilization. As the company spearheads this significant investment, it not only propels Gujarat onto the global mining stage but also positions India as a key player in the copper industry.

Gujarat Mineral Development Corporation (GMDC) is set to revolutionize the mining landscape with its groundbreaking ?90 million investment in the first underground copper mine in Gujarat. This strategic move marks a significant milestone in India's mining sector, showcasing a commitment to advanced and sustainable mining practices. The state-of-the-art copper mine project involves cutting-edge technology and environmentally conscious methodologies, aligning with global standards for responsible resource extraction. GMDC's ambitious venture aims to tap into the rich copper reserves beneath Gujarat's soil, boosting the region's economic prospects and contributing to the nation's self-reliance in copper production.This transformative initiative not only underscores GMDC's dedication to technological progress but also demonstrates a forward-thinking approach to natural resource utilization. As the company spearheads this significant investment, it not only propels Gujarat onto the global mining stage but also positions India as a key player in the copper industry.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement