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India’s iron ore output rises to 289 MT in FY24/25.
Production surge led by Odisha, Chhattisgarh, and Jharkhand.
Domestic mining expansion cuts import dependence, bolsters steel sector.
India’s iron ore sector has recorded a robust rise in production for the financial year 2024-25, achieving a total output of 289 million tonnes, according to official industry estimates. This marks a significant jump from the 266 million tonnes produced in FY2023-24, reflecting a proactive boost in domestic mining operations amid rising steel industry demand and government-backed production incentives.
The increase comes on the back of heightened operational capacity at key mining hubs in Odisha, Chhattisgarh, and Jharkhand, which together contributed over 70% of the national production volume. Industry players attribute this surge to stable weather conditions, improved equipment efficiency, and expedited environmental clearances for expansion projects.
Officials highlight that the enhanced production will help India curb its reliance on iron ore imports, stabilise domestic steel prices, and support the nation’s infrastructure and manufacturing initiatives, especially with the government’s focus on green steel production and industrial corridor development.
Experts anticipate that if this momentum sustains, India could surpass the 300 million tonne milestone in the upcoming financial year, securing its position as one of the world’s top iron ore producers.
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