India’s iron ore output surged by 5.5% in the first half of the current fiscal year, reflecting a steady increase in demand across key industrial sectors. The country produced 135 million tonnes (MT) of iron ore from April to September, surpassing last year’s output of 128 MT during the same period. The growth in iron ore production aligns with India’s strong economic activity, fueled by sectors like infrastructure, construction, and manufacturing.
Iron ore output growth and economic impact
The increase in iron ore output by 5.5% indicates robust economic activity within India’s industrial landscape. Iron ore is essential for steel production, which supports a variety of sectors, including automotive and infrastructure. The mining ministry noted that the uptick in iron ore production aligns with ongoing growth in construction and machinery manufacturing, underscoring the importance of iron ore as a foundational resource for India’s economy.
Comparative analysis: Iron ore and other metals output
While iron ore output grew by 5.5%, other minerals and metals also showed positive trends. For example, manganese ore production rose by 6.2%, reaching 1.7 million metric tonnes (MMT). This increase supports both domestic industries and the export market. Additionally, primary aluminum production reached 20.90 lakh tonnes (LT), marking a 1.2% increase compared to last year. Refined copper output also climbed by 4.6% to reach 2.50 LT, highlighting India’s expanding capabilities in non-ferrous metal production.
Coal output and overall growth in mining sector
Coal production also rose in October, with output reaching 84.45 MT—a 7.48% year-on-year increase. Cumulatively, India’s coal production from April to October 2024 grew by 6.10%, reaching 537.45 MT. The coal ministry emphasized that this consistent growth supports power generation, a key area for India’s energy needs.
Future outlook for iron ore and mineral production
India’s growing iron ore output, coupled with increased production of other key minerals, reflects a positive trend in the mining sector. As the country ranks among the top global producers of iron ore, aluminum, and copper, these resources remain vital for sustainable industrial expansion. The ongoing investments and advancements in mining technology are expected to further boost production in the coming quarters.
With a 5.5% rise in iron ore output, India strengthens its position as a leading player in the global mining industry. This growth is expected to support key economic sectors, fostering resilience and capacity within India’s expanding industrial base.
