Unlocking the potential of the Indian minerals sector
India has initiated several progressive policy measures, putting itself in a good starting position to undertake the transformation of the mining sector. Unlocking the potential of the mining sector in India could add around USD 210 billion to USD 250 billion (` 945 to 1,125 thousand crore or 6 to 7 per cent) to the GDP and create 13 to 15 million jobs through direct and indirect contribution by 2025. To achieve this, action is required on six key priorities, including enhancing resource and reserve base through exploration and international acquisition; reducing permit delays; putting in place core enablers (infrastructure, human capital, technology); ensuring sustainable mining and sustainable development around mining; creating an information, education and communication strategy; and undertaking measures to ensure implementation. The remainder of this report elaborates on these findings.