Trade Analytics
Metals and Mining
India is the third largest producer of coal and fourth largest producer of iron ore.

Indian Metals and Mining Industry Analysis

Latest update: July, 2018

Growth

Notes: CAGR - Compound Annual Growth Rate
Source: Ministry of Coal, Worldsteel.org, BP, Ernst and Young, Aranca Research

  • In FY18, India had 1,531 operative mines – excluding atomic, fuel and minor mineral mines.
  • During 2011-12 to 2016-17, value of ore and mineral imports into India witnessed a growth of 6.1 per cent
  • Imports of Iron Ore and Minerals increased at a CAGR of 6.1 per cent to US$ 21.36 billion in FY17 from US$ 15.89 billion in FY12. The figure stood at US$ 28.14 billion between April 2017 and February 2018.
  • Indian scientists have started exploring the seabed in the Indian Ocean for precious minerals including platinum, gold and silver, thereby marking India’s entry into deep sea exploration in the southern India ocean, where countries such as China, Korea and Germany are already present.
Growth

Notes: CAGR - Compound Annual Growth Rate, 1Up to February 2018, *CAGR is till FY17
Source: Make in India, Ministry of Mines, Aranca Research

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