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Get priceMining plays an important role in Indian industry, which contributes about 3% of the GDP in 1990s, and about 2% of the GDP now. Goa, a state of India, has 1000 million tonnes of iron ore reserves and thereby has a strong mining industry.
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Get priceIndia''s demand for coal continues to increase to meet the needs of coalbased thermal power plants and the steel industry. The coal mining industry accounts for about 80 percent of India''s demand for mining equipment used for open pit mines, which account for 90 percent of India''s mining operations.
Get priceFDI up to under the automatic route is allowed in: Mining and exploration of metal and nonmetal ores including diamond, gold, silver and precious ores but excluding titanium bearing minerals and its ores subject to the Mines and Minerals (Development & Regulation) Act, 1957.
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Get priceOct 10, 2010 · Gold mining in India is fairly low with just Rs. 312 crores in 200809, and there is just one gold mining company listed in the stock exchange in India. There is fund of fund that can give you exposure to global gold mining companies.
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