Many substances are buried under our earth and it proves to be very useful in our life. Such as expensive metals, coal, petrol, diesel and various types of stones which are very expensive. When we extract the substance and refine it the process we call Mining. In this article we have listed some of the Top Mining Company In India.
Mining is a very complex process, due to which we dig the earth from place to place and from it we extract those substances which we need. But while extracting those substances, we damage the earth in many ways. In this modern era, many such machines have been made, which without digging the stream, we can estimate the existence of that substance and can extract that substance by digging at least places. Due to which the damage of the earth is very less.
Due to the pollution and damage to the earth during mining, it has been banned in many ways by the government of many countries. Apart from this it is being done on a very large scale in many countries. There are many types of mining in India. Also there are many laws under which big companies follow them so that there is minimum damage to the environment during mining. Let’s us talk about the Mining Industry In India.
Mining Industry In India
Mining gives a lot of contribution to the economic of many countries. Because while mining, many types of materials are extracted and used for economics. The direct contribution to the GDP of about 10% to 11% according to annual mining in India. Due to mining, directly and indirectly more than 700000 peoples get jobs opportunities from the Mining Industry.
List of The Top Mining Company In India
|Mining Company In India||Establisation||Current CEO|
|1. Coal India||1975||Pramod Agrawal|
|2. Vedanta Limited||1979||Sunil Duggal|
|3. National Mineral Development Corporation||1958||Sumit Deb|
|4. MOIL||1962||Shri M.P. Chaudhari|
|5. Gujarat Mineral Development Corporation||1963||Manoj Kumar Das|
By the way, there are hundreds of big mining companies in India, which are working on different sectors. There are many types of mining is done in India on a very large scale like Iron ores, Chromium, bauxite, graphite, uranium, phosphate, manganese, zinc, titanium, aluminum, chromite, coal etc. So let’s know which are the list of mining companies in India.
1. Coal India
Coal India Ltd. is one of the largest mining companies in the world. The company owns by the Government of India. It was started in 1975 from Kolkata West Bengal. It is one of the world’s fifth most employed company. More than 596.22 million tons per annum coal produces by the company.
According to the Coal India, Coal India Limited has more than 85 mining areas by 2021 spread over 8 states in India. The company has more than 345 mining areas, including 151 under ground, 152 open and 22 mines are mixed.
2. Vedanta Limited
Vedanta Limited is an India based Mining Company, which was started in 1979 from Mumbai. The company does mining of zinc-land-silver, Iron ore, steel, copper, aluminum, power, oil and gas in states like Goa, Karnataka, Rajasthan and Orissa. Vedanta Ltd. is owns by the Vedanta Group company.
According to the company Vedanta Limited operates the company across in India, South Africa, Namibia, and Australia. The company contributed about INR 42,560 Crores in 2019 to the India Government. And according to the market cap the company contributes 1% to the Indian GDP alone.
3. National Mineral Development Corporation
National Mineral Development Corporation i.e. NMDC Ltd. is an Indian Government owned mining company stated in 1958 from Hyderabad, Telangana. NMDC Ltd. is one of the largest iron ore mining company in India. The company produces more then 35 million ton Iron ores per annum from India’s biggest three iron mining areas Chhattisgarh and Karnataka.
The company mines of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, etc.
Manganese Ore India Limited i.e. MOIL is a Government owned Indian Company. Which is one of the largest manganese producer in India. It was started in 1962 from Nagpur India. About 54% share of this company is held by Central Government, besides 5% Maharashtra and 5% share own by the Madhya Pradesh government and the remaining 35% is own by the public.
Manganese Ore India Limited has about 11 mines in India. Which is located in the state Maharashtra and Madhya Pradesh. During the mining MOIL has dig the earth about 383 meters deep from the surface which is located in Bhandara district Maharashtra. The company produces 11 million tones dioxide ore per annum which is 50% of India’s dioxide.
5. Gujarat Mineral Development Corporation
Gujarat Mineral Development Corporation Limited is an Indian state owned company based in Ahmedabad, Gujarat. It was started in 1963. It mines minerals like Lignite, Bauxite, Flourspar, Manganese, Silica Sand, Limestone, Bentonite, Ball Clay. The company also own Akrimota Thermal Power Station which is approx. is of 250 MW.
FAQs on Mining Company In India
Who is the biggest mining company in India?
Coal India is a government owned mining company which one is a biggest mining company in India.
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