India's Mining Surge: A Glimpse into the Mineral Boom
India's mining sector reports growth with a 3% rise in iron ore production at 182.6 million tonnes in April-November. Manganese, chromite, and bauxite outputs soared. The non-ferrous segment showed a 1.1% rise in aluminium. These figures indicate robust growth in user industries like steel and infrastructure.
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India's mining industry has reported significant growth, particularly in iron ore production, which increased by 3% to 182.6 million tonnes during the April-November period of the current fiscal year, according to provisional data.
The mines ministry highlighted a surge in the country's manganese ore production, which rose by 9.5% to 2.3 million tonnes compared to the year-ago period. Chromite production similarly increased, reaching 2 million tonnes, while bauxite saw an 8.9% jump to 15.9 million tonnes.
Furthermore, in the non-ferrous sector, primary aluminium production climbed by 1.1%, indicating robust economic activity in sectors such as energy, infrastructure, and construction. India remains a significant player globally, being the second-largest aluminium and fourth-largest iron ore producer.
(With inputs from agencies.)