There was hardly any investment in the mining sector despite the sector was opened up for 100 per cent FDI in February 2000. There is an urgent need to find out ways and means to attract private investment in exploration because government agencies have not been able to find resources
Tag: Indian mining industry
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Modern mining equipment will be a key success factor
Equipment companies would like to see better procurement methodologies which are technology-driven rather than just low capital cost-oriented, Somnath Dutta Majumdar, Business Line Manager-Drilling Solutions, and Anirban Sen, Business Line Manager-Underground Rock Excavation, Atlas Copco