How can India unleash its potential to become a world mining superpower?
Supplemented by candid one-on-one interviews with past and present C-suite leaders of India’s top mining companies – including Adani Group, Coal India Limited, Jindal Steel and Power Limited, Tata Steel Limited and Wipro Limited – this report is a companion to the 2017 Mining Survey Report.
The India Report analyses the macro drivers of mining innovation, models of disruption and their implications, underlying technology focus, impact of innovation on society, and changing brand perception of mining in India versus the rest of the world.
The report highlights the main obstacles to the growth of India’s mining industry:
- lack of transparency
- difficult bureaucracy underpinned by multiple agencies
- restrictive foreign investment regulations, and
- intense local complexities.
Of the Indian CEOs interviewed for this report, a majority feel influencing government to alter policy settings, establishing industry collaboration platforms, and the government’s plans of ushering in transparent private investment could be the catalysts for innovation in the Indian mining industry.