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.
