Modernize Mining in India
What
- The mining industry in India is a highly traditional and unexplored sector, undergoing transformational upgrades.
- Despite being rich in multiple minerals, only 10% of India’s Obvious Geological Potential (OGP) has been explored of which a measly 1.5 % is mined.
- The Government of India has taken significant steps towards increasing the private participation in the mining as well as increasing the productivity and sustainability in existing mines.
- The Indian mining industry has a huge growth potential with sustainability, safety and digitization of mines being the key focus areas for government, private and public players.
How
Top 5 mining organizations in India have committed ~$3 bn for different safety initiatives & ~$2 bn for sustainability solutions. Business Sweden has identified the key focus areas based on the planned commitments from both the countries and on the synergies, found from Sweden.
Call to action
Business Sweden is inviting Swedish companies to join “India-Sweden Mining Platform” to accelerate the pace of implementing sustainable solutions in the Mining sector. This Platform will focus on showcasing Swedish know-how and industry expertise through technical workshops, networking activities and dedicated meetings between key stakeholders from India and Sweden.
For more information, please reach out to jyothishjacob.thelappilly@business-sweden.se