Evolved policies, use of technology, emergence of new business models, adoption of environment-friendly practices and initiatives to involve local communities are transforming the Indian mining sector
From hell-pits of Jharkhand, stark images of a world that now remains frozen in frames
Robots and drones could become a large part of the workforce while artificial intelligence, 3-D simulations and 3-D printing will provide the cutting edge to new-age mining
Although the policy framework has evolved, there are challenges related to linkages that the auction process to lease the mines has with production, exploration, technology, and land acquisition
Hindustan Copper is in the midst of a massive expansion drive to boost production
New tools to manage volatility in commodities have become both cheaper and effective
A law to deal with mining bankruptcies in India will pave the way for higher growth and profits. This may be the game-changer.
State-owned firms, rather than private ones, will drive India’s quest for mining security. Overseas acquisitions by PSU giants will become the norm in the near future.