Explore the latest trends and actionable insights on the Global Iron Ore Mining market to inform business strategy and pinpoint opportunities and risks

India's iron ore production slowly gains traction, expected to touch 276.4Mt by 2025

  • After several years of growth, India’s iron ore production fell by 14.4% to 199.5Mt (million tonnes) in 2020. This fall was primarily due to 18.3% lower output from the state of Odisha, which accounted for 51.9% of the total production

  • The National Mineral Development Corporation Ltd, Steel Authority of India (SAIL), Tata Steel Ltd, and Odisha Mining Company (OMC) are the top iron ore producing companies in the country

  • Over the forecast period, production is expected to grow at a CAGR of 2.9%, to 276.4Mt by 2025, with the expected commencement of new upcoming projects. Malangtoli Project in Odisha, Bailadila Iron Ore Expansion Project, Rowghat Iron Ore Mine, Bailadila Deposit 13 Project, and Bailadila Deposit 4 Project in Chhattisgarh are some of the major upcoming projects, with a combined saleable production capacity of more than 30Mt and operations expected to start by 2023

India's iron ore production slowly gains traction, expected to touch 276.4Mt by 2025

Published: October 2021
Source: GlobalData

Explore the latest trends and actionable insights on the Global Iron Ore Mining market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the Global Iron Ore Mining market to inform business strategy and pinpoint opportunities and risks Visit Report Store
Still looking?

Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward