Indian Economy News

India is the second-largest aluminium producer in the world

Production of key minerals in India, such as iron ore and limestone, has shown robust growth in the first quarter of FY25, following record production levels in FY24. Iron ore and limestone, which account for about 80% of the total MCDR mineral production by value, recorded substantial outputs of 275 million metric tons (MMT) and 450 MMT, respectively, in FY24. The increase in production reflects strong demand from user industries like steel and cement, underscoring continued robust economic activity in energy, infrastructure, construction, automotive, and machinery sectors.

Provisional data for the non-ferrous metal sector indicates that primary aluminium production rose 1.2% in FY25 (April-June), reaching 10.43 lakh tons (LT) from 10.28 LT in FY24. India remains the second-largest aluminium producer, third-largest lime producer, and fourth-largest iron ore producer globally. Iron ore production increased from 72 MMT in FY24 (April-June) to 79 MMT in FY25 (April-June), marking a 9.7% growth. Limestone production grew by 1.8%, from 114 MMT to 116 MMT, and manganese ore production surged by 11%, reaching 1.0 MMT.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Partners
Loading...