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Current and Future Dimensions of India's Material ... - IGEP.in

Current and Future Dimensions of India's Material ... - IGEP.in

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• India’s m<strong>in</strong><strong>in</strong>g sector has one <strong>of</strong> the lowest<br />

exploration spends (MoM 2011).<br />

• The reserves for iron ore <strong>and</strong> bauxite <strong>in</strong><br />

Australia grew 150 to 200% between 1985<br />

<strong>and</strong> 2005. In contrast, <strong>in</strong> India they<br />

<strong>in</strong>creased by 10-20% only<br />

Source: Strategic plan, M<strong>in</strong>istry <strong>of</strong> M<strong>in</strong>es, Government <strong>of</strong> India

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