India Development News & Foreign Investment Opportunities

Investors sought for mineral and metal sector

Chaudhary: opportunities in unexplored minerals


Chaudhary: opportunities in unexplored minerals


Minister Singh.


Steel Minister Chaudhary Birender Singh has urged international investors and technology giants to invest in the minerals and metals sector in India.

Speaking at the International Conference, on Minerals and Metals – Outlook 2030, being held in New Delhi on 9 Oct 2018, he said India’s mining sector offers tremendous potential and presents a vast opportunity for investors to mine unexplored regions.

“India is well endowed with minerals and produces 95 minerals, including fuel, atomic, metallic & non-metallic and minor minerals,” the Minister told delegates.

Steel Ministry Secretary Binoy Kumar, who presided over the inaugural function, said the National Steel Policy 2017 has set a target of producing 300 million tonnes of Steel by 2030, which requires the mining sector to actively take steps to reach its target before 2030.

Over 500 delegates from 16 countries are participating in the two-day Conference offers an effective platform to existing and potential metal producers and miners, both domestic and international, for discussing, planning, and establishing mutually beneficial relationships.

Leave A Reply

Your email address will not be published.