India's Mineral Production Up 7.5% in FY24

07 May 2024 CW Team

According to recent data, mineral production in India surged by 7.5% during FY24, driven by robust performances in key sectors such as iron ore and limestone. Iron ore production reached record levels, reflecting increased demand and improved mining operations efficiency.

Limestone production also saw a significant uptick, reaching record-high outputs in FY24. This growth in limestone production is attributed to factors such as infrastructure development projects and rising demand from various industries, including cement manufacturing.

The increase in mineral production is a positive sign for India's mining sector, indicating its ability to withstand external pressures and contribute to the nation's economic growth. The mining industry plays a crucial role in India's economy, providing raw materials for various sectors and generating employment opportunities across the country.

The rise in mineral production bodes well for India's industrial and infrastructure development, as it ensures a steady supply of essential raw materials for manufacturing and construction activities. Moreover, the record-high outputs in iron ore and limestone production demonstrate the mining sector's potential to drive economic expansion and support sustainable development initiatives.

As India's mineral production continues to grow, the government and industry stakeholders are encouraged to pursue responsible mining practices and ensure environmental sustainability. By harnessing the potential of the mining sector, India can enhance its self-sufficiency in raw materials and bolster its position as a global player in the mineral resources market.

India's mineral production witnessed a notable increase of 7.5% in the fiscal year 2023-24, with iron ore and limestone recording record-high outputs. This growth underscores the resilience and strength of India's mining sector amidst evolving market conditions and economic challenges. According to recent data, mineral production in India surged by 7.5% during FY24, driven by robust performances in key sectors such as iron ore and limestone. Iron ore production reached record levels, reflecting increased demand and improved mining operations efficiency. Limestone production also saw a significant uptick, reaching record-high outputs in FY24. This growth in limestone production is attributed to factors such as infrastructure development projects and rising demand from various industries, including cement manufacturing. The increase in mineral production is a positive sign for India's mining sector, indicating its ability to withstand external pressures and contribute to the nation's economic growth. The mining industry plays a crucial role in India's economy, providing raw materials for various sectors and generating employment opportunities across the country. The rise in mineral production bodes well for India's industrial and infrastructure development, as it ensures a steady supply of essential raw materials for manufacturing and construction activities. Moreover, the record-high outputs in iron ore and limestone production demonstrate the mining sector's potential to drive economic expansion and support sustainable development initiatives. As India's mineral production continues to grow, the government and industry stakeholders are encouraged to pursue responsible mining practices and ensure environmental sustainability. By harnessing the potential of the mining sector, India can enhance its self-sufficiency in raw materials and bolster its position as a global player in the mineral resources market.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..