Mining market size in India | Insights, Trends & Growth Analysis 2025

Code: MTA10183 Publication Date: Oct 2025

What is the growth rate of the India Mining Market?

According to 6Wresearch internal database and industry insights, the India Mining Market is expected to grow at a CAGR of 7.2% during 2025-2031.

The primary catalysts of this growth are the rising demand for minerals and metals in different sectors, such as construction, manufacturing, and infrastructure, coupled with government action to stimulate mining projects at home.

Growth Factors for India Mining Industry

  • Government policies aimed at promoting domestic mineral extraction and reducing imports.
  • Increasing activity in various industries is leading to increased demand for metals and minerals.
  • Technological innovations leading to improved productivity and safety in mining operations.
  • Increasing foreign investment in the mining sector.
  • Awareness and adoption of sustainable mining practices are increasing.

India Mining Market Trends

The India Mining Market is witnessing several new market trends, including the use of new technologies such as automation and digitalisation to improve operational efficiencies. There is also an increasing focus on sustainable mining, with companies attempting to reduce environmental impact and improve safety standards. The government is also putting policies in place to promote foreign investment and encourage domestic production of critical minerals.

Emerging Developments in the India Mining Market

The India Mining Market is experiencing significant developments, including the commencement of large-scale mining projects like the Deucha-Pachami coal block in West Bengal. These initiatives are expected to boost coal production and meet the rising energy demands. Furthermore, there is a push towards the exploration and extraction of rare earth elements to support the growing electric vehicle and renewable energy sectors.

List of Leading Companies in the India Mining Market

Some of the leading companies include:

  • Coal India Limited
  • National Mineral Development Corporation (NMDC)
  • Hindustan Zinc Limited
  • Vedanta Resources Limited
  • Hindalco Industries Limited
  • Tata Steel Limited
  • Adani Enterprises Limited

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