Mining India sustainably for growth
This report gives insights into the issues faced by the mining sector in India, and suggests the way forward for the industry. The mining sector, in many countries, has been resilient despite the global financial crisis and has contributed substantially to the recovery of their economies. For an emerging country like India, which is looking to supplies from the west, the following factors are stepping up demand: urbanization, the need to build infrastructure; the demand for consumer goods. Much of this demand is best met indigenously for socio-economic development, alongside managing domestic inflation and exchange rates.