| | APRIL 20224 As of 2021, India is home to around 1,229 reporting mines. While 545 of these are reporting mines for metallic minerals, the rest, about 684, are mining non-metallic minerals. India also has around 914 steel plants producing crude steel. In FY21, these plants produced 102.49 million tonnes of crude steel. According to worldsteel, crude steel output in India registered a 46.9 percent YoY growth to reach 9.2 million tonnes in May 2021, compared with 5.8 million tonnes of crude steel output clocked in May 2020. The report also anticipates that steel production will increase by 18 percent to reach 120 million tonnes (MT) by the current financial year.The sudden rise in infrastructure development and automotive manufacturing has been a solid tailwind for the mining industry. The increasing demand from the power and cement industries is also playing its part. Given the infrastructure development roadmap of our country, it's beyond any reasonable doubt that the consumer demand for iron and steel will continue. Additionally, India holds a fair amount of advantage in export opportunities to develop & fast-developing Asian markets, owing to the country's strategic location and the comparatively less production and conversion cost of steel and alumina. But to leverage these opportunities, the mining organizations need to act smart. It's imperative that they leverage everything from smart mining concepts and improving safety using drones to digitization and automation. Do let us know your thoughts. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comA Mine of Opportunities siliconindia | | August 202119 | |SEPTEMBER 201923Consultants ReviewEditorialVol 03 · Issue 12 -MARCH 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Group Art DirectorAshok KumarNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Design Prabhu Dutta A.R.N RayVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Ananth V Aveek Pal Chaudhuri Avinash Roy Mandvi Singh Sthitaprajnya Panigrahi
< Page 3 | Page 5 >