The future of the Indian Mining Industry and identifying
areas of collaboration with Australia
A 16 member
Australian Resources delegation is currently in Kolkata as a part of
Australia-India Business Exchange 2020 (AIB-X). The delegation is exploring
collaboration opportunities with the Indian mining industry in Eastern India.
Panel Discussion
on India’s Mining Industry
Coinciding with
the visit of the Australian Resources delegation, a panel discussion titled
“India’s mining industry – Targets, Reforms and Roadmaps” was organised in
Kolkata today by the Australian Trade and Investment Commission (Austrade),
Australian Government.
The panel included business leaders from Indian industry associations,
steel majors and other infrastructure experts, discussed the current scenario
of the mining industry, national production targets, reforms and the roadmap to
development in the sector.
It also addressed recent policy changes and implications in India,
international mining, equipment, technology and services (METS) expertise
requirements, and the roadmap ahead.
Key participants in the Panel Discussion included, Mr VK Arora, Past
President, Confederation of Indian Industry (Mining & Construction
equipment Division) and Chief mentor, Karam Chand Thapar & Bros, (Coal
Sales) Limited; Mr R P Ritolia, Adviser, Swyambhu Natural Resources Limited
(SREI Group); Mr Harsh Sachdev, Managing Director, S&T Mining Company Pvt.
Ltd. (a SAIL Tata Steel JV); Ms Nandini Chakravarty, Managing Director, Mine
Line Pvt. Ltd and Mr Pankaj Kumar Sinha, Managing Director, DMT Consulting
India Pvt. Ltd.
An evening networking reception was also organised between the
Australian delegates, the Australian Government representatives and various
stakeholders from the Indian mining industry, including advisories, geo-mining
consultancies, agents & distributors / partners.
A workshop on Innovation will be held in
collaboration with the Indian Institute of Technology – Indian School of Mines
(IIT-ISM). It will provide an overview
of joint research possibilities, insights on the understanding of R&D in
geo-mining in India and explore opportunities for collaboration with
Australia.
About Australia-India Business
Exchange 2020
Senator The Hon Simon Birmingham, Australian Minister for Trade, Tourism
and Investment, is leading over 100 Australian businesses for the Australia-India
Business Exchange 2020 (AIB-X) Ministerial Business Mission to India, 24-28
February 2020.
Australian businesses from
priority sectors of education, tourism, energy and resources, and food and
agribusiness will travel to New Delhi, Mumbai, Kolkata, Hyderabad, Bengaluru
and Chennai as part of the delegation. The visit is part of Austrade’s
Australia-India Business Exchange (AIB-X), a multi-month program of events to
deepen trade, investment and tourism engagement between the two countries.
Follow us on Twitter @AustradeIndia
@Austrade #AIBX
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