Team News Riveting
New Delhi, August 12
National Mineral Development Corporation (NMDC) and FICCI will be organizing a conference on Indian minerals and metals industry on the theme ‘Transition Towards 2030 and Vision 2047’ on August 23 and 24 at Taj Palace, Diplomatic Enclave New Delhi.
The two-day event is being organised in commemoration of the 75 glorious years of India’s Independence and the ongoing “Azadi Ka Amrit Mahotsav” in collaboration with the Union Ministries of Steel and Mines. The key objective of the event is to have deliberations on the roadmap for the minerals & metals sector to achieve the ‘Vision 2047’.
The programme will be graced by speakers from across industry, policy and academia. Global and domestic producers, mineral organisations, policy makers, mine equipment manufacturers, country heads of global corporates, Central and State Government officials among others would be present and address the conference.
The conclave would involve deliberations and analysis of global and Indian minerals and metals industries, interaction of emerging technologies in the mines space, talks on the requisite policy environment.
Addressing the curtain raiser event, Sumit Deb, Chair, FICCI Mining Committee and Chairman-Cum-Managing Director, NMDC Ltd noted that given the vast mineral resource base in the country and the evolving and easing business and regulatory environment, international giants too are showing interest in the country’s mines and mineral industry along with domestic players.
“Collaboration between all relevant stakeholders including industry, Centre and states is the key and the upcoming conference will work as a platform to strengthen the collaboration and chalk out the plan ahead. Addressing the challenges and obstacles and finding out solutions for them is the key to progress and this conference would provide the right platform for that.” Deb said.
“Mining sector in India is going through a paradigm shift with reforms to ease the business ecosystem and make the country self-reliant. Easy and efficient decision has been the key in our policy making and norms are being formulated to further ease the policy making and help get clearances in a time-bound and judicious manner,” Deb added.
D K Mohanty, Director (Production), NMDC Ltd. said that with the country vying for self-sufficiency and efforts being made to lower the import dependence, the mines and mineral industry would play a major role in India’s roadmap for growth and attaining the target of turning into ‘AtmaNirbhar Bharat’.
Ms. Jyoti Vij, Deputy Secretary General, FICCI noted that the mines and minerals sector is at the core of the government’s decision-making process and the target is to achieve optimum utilization of the domestic resources, which would also boost employment and bring about rapid economic development in different parts of the country.
The upcoming conference would also have deliberations on new age minerals, digitalization & automation and other technological innovations. The programme will also witness a country panel discussion on the future of minerals and metals worldwide.
The conference would enable understanding of the global commodities market for minerals and metals, highlight the inter-linkage between mineral development and economic growth, the developments in the international markets that can impact the Indian minerals and metals industry and identifying opportunities in the Indian minerals and metals industry among others.
India is well endowed with most of the minerals and produces 95 minerals, including fuel, atomic, metallic, non-metallic and minor minerals.
Being unexplored, the exploration and mining companies have a lot to offer to the country. Further, with rapid pace of urbanization, it is expected that there will be steadily increasing demand for minerals and metals, especially from infrastructure and manufacturing sectors. With both the supply and demand scenario matching up, the industry can boom in the country and provide a massive contribution towards the target of a $5 trillion economy.
