Mining the future

India is home to 1,531 operating mines and produces 95 minerals – 4 fuel-related minerals, 10 metallic minerals, 23 non-metallic minerals, 3 atomic minerals and 55 minor minerals. India is the 2nd largest crude steel producer in the world, generating an output of 106.5 MT in 2018, a growth of 3.7% Y-o-Y. Indian steel demand is set to grow by 7.1% in 2019 while globally, steel demand has been projected to grow by 1.3%. During 2017-18 Mining and Quarrying industry accounted for about 2.3 % of the GVA at current prices.

  • India is forecast to become the 2nd largest steel consumer by end - 2019; per capita steel consumption is expected to rise from 69 kg to 160 kg by 2030
  • Coal’s share in India’s primary energy consumption is expected to be 48% in 2040

100% FDI allowed in the Steel and Mining sectors under automatic route

100% FDI allowed in Coal and Lignite mining under automatic route

For further details, please refer FDI Policy

  • 300 MT

    Domestic steel production capacity by 2030

  • $13.83 bn

    FDI equity inflows into the Metallurgical and mining (April 2000-March 2019)

  • $27.73 mn

    FDI equity inflows into coal production (April 2000-March 2019)

  • #7

    India’s ranking in bauxite reserves (by size)


Second largest crude steel producer in the world


Fourth largest coal producer in the world


Fourth largest iron ore producer in the world

Industry Scenario

With barely 20% of reserves mined, India presents a major opportunity for investors.

India has large reserves of Iron ore, Bauxite, Chromium, Manganese ore, Baryte, Rare earth and Mineral salts. India produces as many as 95 minerals, which includes 4 fuel, 10 metallic, 23 non-metallic, 3 atomic and 55 minor minerals (including building and other materials). In 2015-16, there were more than 2,101 reported mines excluding atomic and minor minerals, natural gas and petroleum (crude).

Out of 2,101 reported mines, 274 were located in Madhya Pradesh followed by Tamil Nadu (252), Gujarat (225), Jharkhand (211), Chhattisgarh (162), Odisha (157), Karnataka (146), Andhra Pradesh (135), Maharashtra (134), West Bengal (100). These 10 states together accounted for 85% of the total number of mines in the country in 2015-16. Among them, 558 mines belonged to coal and lignite, 668 to metallic minerals and 975 to non-metallic minerals.

The Metals and Mining sector in India is expected to witness a major reform in the next few years, owing to reforms such as Make in India Campaign, Smart Cities, Rural Electrification and a focus on building renewable energy projects under the National Electricity Policy.

Growth Drivers

  • Cost advantage

    Cost advantage in steel and alumina production-conversion
  • Rising demand from infrastructure and transportation sectors

    Schemes such as Housing for all by 2022 and expansion of railway network
  • Unexplored mines

    Only 20% of the total reserves have been mined till now
  • Supportive government policies

    Permission granted to captive mines to sell coal in open market
  • Open

    Cabinet approves proposal for Review of…

  • Open

    Cabinet approves proposal for Review of…

    The Union Cabinet chaired by the Prime Minister Shri Narendr…

  • Open

    Mines and Mineral Development and Regula…

    An Act to provide for the development and regulation of mine…

  • Open

    National Mineral Exploration policy, 201…

    The National Mineral Exploration policy document spells out…

  • Open

    National Mineral Exploration Trust (NMET…

    The Indian Government has created NMET to increase spending…

  • Open

    National Mineral Policy 2019

    To promote sustainable extraction of minerals, and create an…

  • Open

    National Steel Policy

    The new Steel Policy enshrines the long term vision of the G…

Investible Projects

Investment Opportunities in Metals & Mining

  • Projects


  • Opportunity

    $2.27 bn

  • Promoters


  • District


  • Private Projects


  • Govt. Projects



$1.66 bn

Gevra Open Cast Coal Mining Project

State (s) Chhattisgarh

$382.23 mn

Open Cast Coal Mining Project [Dudhichua]

State (s) Madhya Pradesh, Uttar Pradesh

$217.95 mn

Rampur-Batura Open Cast Mining Project

State (s) Madhya Pradesh

$3.52 mn

Aggregate Mining Project

State (s) Maharashtra

Major Investors

Data on Map

  • Mining projects in India
  • Mining business in India

Latest in Metals & Mining


Asked Questions

  • Who grants Mining Leases (ML) and Prospecting License-cum-Mining Lease (PL-cum-ML)?

    As per the Mines and Minerals (Development & Regulation) Act (MMDR) Amendment Act 2015, the grant of Mining Leases (ML) and Prospecting License-cum-Mining Lease (PL-cum-ML) happens only through an auction process.

    For more information, click here.

  • How can Mineral Concession (PL/ML) in Forest Land be obtained?

    No concessions can be granted without prior approval under Forest Conservation Act, 1980. After obtaining in principle consent from State Government and prior approval by Central Government as per the provision of Mines and Minerals (Development & Regulation) Act 1957.The applicant has to take necessary steps to obtain permission under Forest Conservation Act, 1980. After getting clearances, the grant of concession is done by State Government.

  • Who is responsible for sanctioning Prospecting License/Mining Lease in India?

    Mineral Resources Department, State Government is empowered to sanction Prospecting License/Mining Lease. 

    For more information, click here.

  • After filing application for Prospecting License/Mining Lease at District Collector Office, what are the steps taken to process applications under mining sector?

    1) After ensuring correctness of application, internal reports from different departments are sought: 
    a) Revenue Department.
    b) Forest Department.
    c) Gram Panchayat Report.
    d) If applied area falls near by the restricted land as per provision of Mineral Concession Rule 1960 then report is sought from concerning State/Central authority.

    2) After scrutiny of application it is forwarded to State Government for further action.

  • What are the precautions to be taken for filing applications for obtaining Mineral Concessions?

    The application must be filed within prescribed format of Mineral Concession Rule 1960, available in GOI, Ministry of Mines website link. Entries must be complete in all respect and should be supported with documentary evidences as per provisions of rule 9, 22 of Mineral Concession Rule 1960. In absence of all documents, disposal of application may be delayed. Further, incomplete applications are liable to be cancelled.

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