Gujarat accelerates development of minerals industry

By Shruti Salwan
Published: Monday, 08 February 2016

The mineral-rich northwest Indian state is looking to upgrade its natural resources sector to serve the growing needs of domestic end markets, as a slowdown in export demand provides the countries with the opportunity to supply raw materials to its own industries.

The northwest Indian state of Gujarat is taking the opportunity of slowing overseas demand for its minerals to develop its natural reserves for domestic consumption, as India accelerates a programme of infrastructure building.

Generating annual revenue of Indian rupee (INR) 700 crores ($103m*), the state ranks second after Rajasthan in Indian...

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