India's mining industry: Challenges and potential

By Shruti Salwan
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 remaining 20%. 

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...

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