India's Mineral Production Up 7.5% in FY24
ECONOMY & POLICY

India's Mineral Production Up 7.5% in FY24

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.

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.

Next Story
Infrastructure Transport

Upgraded Delhi IGI Terminal 2 Set To Reopen Next Month

The upgraded Terminal 2 of Indira Gandhi International Airport in New Delhi is set to reopen on 26th of next month. The terminal had been closed for renovation since April this year.Delhi International Airport Limited (DIAL) stated that the revamped terminal will offer passenger-friendly features including self-baggage drop, modern ceiling designs, and innovative skylights. The facility will also introduce six new passenger boarding bridges with autonomous docking technology, the first of its kind in India.  ..

Next Story
Infrastructure Transport

Upgraded Delhi IGI Terminal 2 Set To Reopen Next Month

The upgraded Terminal 2 of Indira Gandhi International Airport in New Delhi is set to reopen on 26th of next month. The terminal had been closed for renovation since April this year.Delhi International Airport Limited (DIAL) stated that the revamped terminal will offer passenger-friendly features including self-baggage drop, modern ceiling designs, and innovative skylights. The facility will also introduce six new passenger boarding bridges with autonomous docking technology, the first of its kind in India.  ..

Next Story
Infrastructure Transport

Cochin Shipyard Signs Strategic MoU With HD Korea

Cochin Shipyard Limited (CSL) is advancing India’s Atmanirbhar Bharat vision by signing a Memorandum of Understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a long-term strategic collaboration in shipbuilding. The MoU was exchanged during the landmark event “Samudra se Samriddhi – Transforming India’s Maritime Sector”, inaugurated by Prime Minister Shri Narendra Modi on 20th September 2025 at Bhavnagar, Gujarat.The signing ceremony was attended by Union Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal, Union Minister of State Shri S..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?