India’s iron ore production rises 4 pc in Apr-Oct 

Iron ore production in the country rose 4.1 per cent to 158.4 million tonnes (MT) in the April-October period of the ongoing fiscal year, the government said on Thursday.

As per provisional data, iron ore production was 152.1 MT in the year-ago period. Continued growth in production of iron ore in the current financial year shows the robust demand conditions in the user industry.

Coupled with growth in aluminium and copper, these growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery.

Also Read Nifty 50 firms’ earnings may slip to 5-year low EXCLUSIVE: India-Brazil partnership expands across trade, energy and defence ahead of PM Modi’s G20 visit Trade with US will continue to grow fast: Govt We expect very solid growth in the next 3-5 years: Majety

Production of manganese ore rose 11.1 per cent to 2 MT in the April-October period of the ongoing fiscal year from 1.8 MT during the corresponding period last year.

Production of bauxite rose 11.3 per cent to 13.8 MT in the April-October period from 12.4 MT in the year-ago period, the mines ministry said in a statement.

In the non-ferrous metal sector, primary aluminium production grew 1.2 per cent to 24.46 lakh tonne (LT) during the period under review from 24.17 LT a year ago, it said.

During the same period, refined copper production grew 6 per cent to 3 LT from 2.83 LT. India is the second largest aluminium producer, among top-10 producers in refined copper and the fourth largest iron ore producer in the world.

 » Read More

Related Articles

Tata Group chairman sees a golden age for manufacturing in India

With global supply chains increasingly tilting in India’s favour, the manufacturing sector is poised for a transformative era, Tata Sons chairman N Chandrasekaran said on Thursday in his New Year message to employees. Describing the present moment as “a new manufacturing golden age for India,” Chandrasekaran expressed hope and optimism for 2025, following a challenging

Court stays Religare AGM, RBI’s nod for open offer

In a setback to the Burman family, the Madhya Pradesh High Court has stayed the approval granted by the Reserve Bank of India (RBI) for making an open offer to acquire an additional 26% stake in Religare Enterprises as well as the company’s annual general meeting (AGM) scheduled for December 31. Earlier this month, RBI

Biggest spenders on Swiggy Instamart this year splurged Rs 20 lakh each

This year, two customers from Delhi and Dehradun spent Rs 20 lakh each on Swiggy Instamart, becoming the biggest spenders on the platform. According to a report released by the company, groceries continue to be the top category for buyers on the platform this year.  In its “How India Swiggy’d 2024-Quick Commerce Edition,” Swiggy said

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Tata Group chairman sees a golden age for manufacturing in India

With global supply chains increasingly tilting in India’s favour, the manufacturing sector is poised for a transformative era, Tata Sons chairman N Chandrasekaran said on Thursday in his New Year message to employees. Describing the present moment as “a new manufacturing golden age for India,” Chandrasekaran expressed hope and optimism for 2025, following a challenging

Court stays Religare AGM, RBI’s nod for open offer

In a setback to the Burman family, the Madhya Pradesh High Court has stayed the approval granted by the Reserve Bank of India (RBI) for making an open offer to acquire an additional 26% stake in Religare Enterprises as well as the company’s annual general meeting (AGM) scheduled for December 31. Earlier this month, RBI

Biggest spenders on Swiggy Instamart this year splurged Rs 20 lakh each

This year, two customers from Delhi and Dehradun spent Rs 20 lakh each on Swiggy Instamart, becoming the biggest spenders on the platform. According to a report released by the company, groceries continue to be the top category for buyers on the platform this year.  In its “How India Swiggy’d 2024-Quick Commerce Edition,” Swiggy said

Reliance Power arm gets interim relief from HC against SECI order

The Delhi High Court has granted interim relief to Reliance Power’s subsidiary, Reliance NU BESS, in a petition pertaining to disqualification from participating in three bids solely on the ground of the debarment order dated November 6, issued by Solar Energy Corporation of India (SECI), against the petitioner. On November 26, the HC had granted

EatSure becomes first platform to launch multi-restaurant ordering

EatSure, the D2C platform of online restaurant company Rebel Foods, on Thursday announced the launch of a new feature allowing users to order from multiple restaurants in one order. With this, the firm has become the first food delivery app in India to do so.  Swiggy and Zomato, which corner the lion’s share of India’s