India's Iron Ore Production Grows by 3% in April-November Period of FY 2024-25

India's iron ore production increased by 3% to 182.6 million tonnes (MT) from April to November this fiscal year. This is up from 177.2 MT in the same period last year, according to provisional data. The Mines Ministry reported that manganese ore output also saw a rise, increasing by 9.5% to 2.3 MT compared to 2.1 MT during the same months of the previous fiscal year.

Indias Iron Ore Production Increases by 3%

The production of chromite reached 2 MT, up from 1.8 MT in the prior year. Bauxite production also experienced growth, rising by 8.9% to 15.9 MT during the April-November period, compared to 14.6 MT in the corresponding months of the previous fiscal year. These increases highlight the ongoing demand in various industries.

Aluminium Production Growth

In the non-ferrous metal sector, primary aluminium production grew by 1.1% in FY 2024-25 from April to November. It increased to 27.91 lakh tonnes (LT) from 27.60 LT in the same period of FY 2023-24, as stated by the Mines Ministry. India holds a significant position as the second-largest aluminium producer globally.

The continued rise in iron ore production this fiscal year indicates strong demand in industries like steel manufacturing. Alongside aluminium and copper growth, these trends suggest sustained economic activity in sectors such as energy, infrastructure, construction, automotive, and machinery.

India ranks as the fourth-largest iron ore producer worldwide, reflecting its substantial role in global mineral production. The country's consistent output growth across various minerals underscores its importance in meeting both domestic and international industrial needs.

The positive trends in mineral production are crucial for supporting India's industrial sectors and economic growth. As demand continues to rise, these industries are likely to maintain their momentum, contributing significantly to the nation's economic landscape.

Overall, India's mineral production data for April-November shows a healthy increase across several key resources, indicating robust industrial activity and economic resilience during this period.

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+