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India to double iron ore mining capacity by 2030

ABSTRACT

India will need to double its iron ore mining capacity by 2030 to meet demand as per the Nationa Steel Policy (NSP), 2017, Dr V.K. Saraswat, Member, NITI Aayog, Government of India, said while speaking at the 10th India Minerals and Metals Forum, organised by the Indian Chamber of Commerce (ICC) on 29 Jun’21.
Dr Saraswat said that even after three years of the auction process no large mine granted through this method has been able to commence production. “Only 53 mines have been auctioned till date and three have been able to commence production. There are major issues of coking coal, logistics infrastructure,

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