India's mining industry: Challenges and potential
Published: Saturday, 21 May 2016
The Indian mining industry is best described as a success story still in the making. Despite holding reserves of 89 different minerals, Shruti Salwan, IM Analyst, examines why growth in the domestic mining industry has been relatively stagnant, failing to reap the benefits of an emerging middle class.
The majority of India's output is coal, accounting for 80%
of total mining, while other groups of minerals make up the
India is the largest global producer of mica blocks and mica
splitting. The country also ranks second in the world for its
production of barites and...