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DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/f1e8b6/mining_industry_in)
has announced the addition of the "Mining
Industry in India" report to their offering.
India is a major mineral producer in Asia and globally. It is currently
a global producer of chromite, coal, iron ore and bauxite. India's
mining industry is anticipated to grow further by 1% in the coming
times. Several of India's current state owned mining and beneficiation
companies have been faced with drastic production cuts, resulting in
operations becoming uneconomical. This has resulted in the closure of
several mining operations. Reasons for poor results have been given as
lower grade reserves and excessive manpower quotas.
The National Mineral Policy was revised in 1994 and as a result, private
investment (both domestic and foreign), has been permitted for the
exploration and exploitation of the following minerals: Iron ore,
Copper, Manganese, Lead, Chrome ore, Zinc, Sulfur, Molybdenum, Gold,
Tungsten ore, Diamond, Nickel and Platinum group of metals. As a result,
several foreign companies have begun investing in India with the
majority coming from Canada and the USA, followed by Australia, the UK
and South Africa.
Most interest has been shown in the base metals, diamond, mineral sands
and gold sectors. India has several governmental agencies that have been
set up to assist in the development of the country's mineral resources.
The Geological Survey of India (GSI) is the principal agency responsible
for the assessment of geological and regional mineral resources of the
country. It operates through six regional offices and four specialized
wings - marine, coal geophysics, airborne surveys and training.
India's mining sector is highly fragmented, with a large number of small
and inefficient mines, many of them illegal. Almost 95% of operating
mines in India produce only about 50% of the country's mineral output.
Given the sector's strategic and economic importance, there is
significant government involvement, with the sector dominated by
state-owned companies or Public-Sector
Key Topics Covered:
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Executive Summary
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Industry Definition
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Global Mining Industry
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Asia Pacific Mining Industry
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India Mining Industry
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Industry Trends
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Regulatory Framework
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Bauxite Market in India
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Coal Market in India
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Iron Ore Market in India
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Uranium Market in India
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Lead Market in India
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Zinc Market in India
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Competition in the Industry
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Major Industry Players
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Industry Forecast
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Glossary
Companies Mentioned:
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Coal India Limited
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Tata Steel Limited
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Vedanta Resources
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Hindalco Industries Limited
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Hindustan Copper Limited
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National Mineral Development Corporation
For more information visit http://www.researchandmarkets.com/research/f1e8b6/mining_industry_in