Indian mining: Stuck in the slow lane
Published: Friday, 01 November 2019
Frustration at the lack of progress in India’s mining sector was simmering at the annual FIMI meeting in Delhi in September. Sunder Singh discovers how many in the industry believe that, far from advancing, mineral production in India is going backwards.
The combination of India’s abundant
mineral wealth and its voracious appetite for raw materials has
never been sufficient to elevate the country to one of the
world’s top mining jurisdictions.
The lackluster state of Indian mining is clearly illustrated
by its coal industry. Indian coal reserves are estimated...