India’s mining and metals industry needs to improve technology adoption, resource efficiency and supply-chain resilience to remain competitive as cost pressures, lower ore grades, geopolitical risks and decarbonisation reshape the sector, according to a FICCI-KPMG report released on Thursday.
The report, Mineral Extraction to Metals Production: India's Technology Pivot for Competitiveness, said India’s mining and metals sector is entering a key phase of growth, supported by domestic demand, infrastructure expansion and the government’s Atmanirbhar Bharat and Viksit Bharat 2047 goals.