As one of the fastest growing economies in the world, India’s energy requirements have increased significantly over the last few decades. India is Asia’s second largest energy consumer, with consumption set to grow 4.2 per cent per year by 2035 – faster than all major global economies.
This rapid increase in energy consumption has a direct impact on the mining sector, given mineral resources are the backbone of infrastructure development. The Indian Government has prioritised a doubling of coal production, while seeking to limit the environmental impacts of coal-fired power plants, and steel mills. The Indian mining sector has also seen a shift in regulations and policies, as well as an increased focus on new technologies. Along with coal, India has huge reserves of several metallic and non-metallic minerals on which the government seeks to capitalise.
While public sector companies own a major share of the mining sector, over the last decade the private sector has played an increasingly active role. Large Indian corporates including Tata Steel, Vedanta, Aditya Birla, Reliance, Adani and Jindal are making significant investments in mining-related technologies and research collaborations.
With ambitious new production targets and stricter safety, environmental and water management regulations, there will be a growing appetite for innovative, cost-effective Australian mining equipment, technology and services. Delegates will have the opportunity to meet leading companies and organisations in New Delhi, Hyderabad and the mining hub of Kolkata.
This mission program includes opportunities to engage with Indian government officials, key industry players and customers through a range of seminars, roundtable discussions, networking events and site visits over four days in the week commencing 28 August. A detailed program is available below.
4 August 2017
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