Summary of Part-1: Mining Industry in India
Summary of Part-1: Mining Industry in India
Summary of Part-1: Mining Industry in India
The GCSR (Global Country Study Report) is an essential part to MBA sem-3.
In this project we have to study global country industry and we have to
analyze bilateral trade opportunity between India and any other particular
country, and also we have to find trade opportunity Gujarat and Nagaland.
Here we are studying mining industry in Canada and Mining industry of India.
The GDP contribution of the mining industry varies from 2.2% to 2.5%
only but going by the GDP of the total industrial sector it contributes
around 10% to 11%. Even mining done on small scale contributes 6% to
the entire cost of mineral production.
India is the largest producer of sheet mica, the third largest producer of
iron and the fifth largest producer of bauxite in the world. India's
metal and mining industry was estimated to be $106.4bn (£68.5bn) in 2010.
Produced in India
Canada ranks first in the world for the production of potash and
uranium and among the top five for the production of nickel and
diamonds.
Mining in Gujarat
In Gujarat product range includes essential energy minerals like lignite, base
metals and industrial minerals like bauxite and fluorspar.
The mining activities are carried out by GMDC in Gujarat. They conduct or
organize many events or programs for the help of employees, society etc.
some of the social factors like income distribution, labour mobility, life style,
education facility, living condition and many more influence the operations
of the industry/ company.
The Company as a role model employer lays great stress on the welfare of its
employees, their families and its vicinity habitats. The Company provides
following comfort level facilities to its employees:
Mining in Nagaland:
The search for mineral deposit in the State of Nagaland had a very late start.
Although the western part of the State was partly explored in early twentieth
century mainly in connection with the search of ‘energy group’ of minerals,
its middle and eastern parts remained completely unexplored till the
inception of the State Directorate of Geology and Mining in late 1968.
NAGALAND has a number of important mineral resources but the state does
not ‘seem too much concerned’ about their valuable holdings, according to a
central regulatory body during a recent review. Unorganized and haphazard
mining activities are causing environmental degradation while ‘huge quantity
of coal’ exploited every year is not being reflected in the yearly resource
national data on coal, the Central Geological Programming Board has said.
The board stated in its meeting summary that Nagaland does not ‘seem’
concerned about the environmental degradation that unorganized and
haphazard mineral exploitation in the state are causing. Assam, Meghalaya
and Nagaland are the three states that have ‘issues’ in this regard, according
to the board.
The Central Geological Programming Board converged for its 52nd meeting
on the 14th in New Delhi where officials from the north eastern states’
geology and mineral departments attended. The objective of the meeting
was to discuss and finalize the Field Season Program of the Geological
Survey of India (GSI) for the Field Season 2013-2014.
Business plan
Introduction of GMDC:
Industry Mining
Founded 1963
Headquarters Ahmedabad, Gujarat, India
Area served Gujarat
Slogan "Fueling The Growth"
Website www.gmdcltd.com
Managing Director Shri B.B. swain
USP Product range includes essential energy minerals like
lignite, base metals and industrial minerals like
bauxite and fluorspar.
Gujarat Mineral Development Corporation Limited (GMDC) is a major
minerals and lignite mining company of India. It is State owned company
owned by Government of Gujarat. GMDC was founded in 1963. Its corporate
headquarters is at Ahmedabad. It develop major mineral resources in the
state and commenced with a small silica sand quarrying plant near
Thangadh to crush and screen the silica required for glass manufacturing.
Its product range includes essential energy minerals like lignite, base metals
and industrial minerals like bauxite and flourspar. Gujrat government as
given its green signal to GMDC to form a joint venture with NALCO for a 1
mtpa refinery.
GMDC also owns and runs Akrimota Thermal Power Station a 250 MW (2x125
MW) lignite based thermal power plant located in village Nanichher in
Lakhpat Taluka, Kutch District.
Product Range:
GMDC has grown in strength since its inception over the years. In 1963 the
company commenced its operation with small silica sand quarry. In 1964 it
started with bauxite mines in Kutch and now operates six bauxite mines. In
1971, a beneficiation plant was commissioned by GMDC to process 500 M.T
of fluorspar ore and to produce calcium fluoride used for the manufacture of
Hydro-fluoric acid and as flux in metallurgical industries. A captive mine at
Ambadungar was established also to feed the plant. In 1976 lignite was
discovered in Gujarat and GMDC started its first lignite mines at Panadhro. In
1980, a captive refining plant with copper mines was set up by GMDC near
Ambaji. In 1983, another lignite mine was discovered & started by it at
Rajpardi near Bharuch. In 1992, it established a calcination plant to add
value to the bauxite mined by it at Gadhsisha in Kutch. In 1996, to use the
lignite mined by it, GMDC also started thermal power plant at Nani-Chher in
Kutch. In 2005 & 2009 more lignite mines were started by GMDC at
Tadkeshwar near Surat and near Bhavnagar, respectively. Also in 2006 it
developed manganese ore mines at Shivarajpur in Panchmahals. It is also
setting up an Alumina plant with Raytheon Corporation of USA.
Public Listing:
In 1999, the government of Gujarat being the sole owner, divested 26% of its stake
and the GMDC became a listed entity (BSE&NSE) and is occupying a position within
the top fortune 500 companies in our country with an annual turnover surpassing
10 billion with considerable annual growth rate.
Competitors:
2.AshapuraMinechem Ltd.
Strength:
1. Strong assets – Owns bauxite, manganese, lignite and fluorspar mines in Kutch, Gujarat
4. Strong negotiating power – as resources owned and minerals produced are key to other
secondary industries
Opportunity:
Threats:
China
Bulgaria
Greece
Germany
Kosovo
Poland
Serbia
Russia
Turkey
United States
Canada
India
Because of its low energy density and typically high moisture content, brown
coal is inefficient to transport and is not traded extensively on the world
market compared with higher coal grades. It is often burned in power
stations near the mines. Gujarat Mineral Development Corporation (GMDC) is
among the most profitable entities of the Gujarat government. A mining and
mineral processing company, GMDC is the largest merchant seller of,
lignite in India. It is also a major producer of bauxite, calcined bauxite,
fluorspar and manganese ore. Besides, it is engaged in power generation,
from conventional and non-conventional sources.
GMDC is associated with the various projects of lignite all over Gujarat. Its
main projects are located in the following areas.
Tadkeshwar
Rajpardhi
Panandhro
Mata no Madh
Bhavnagar
2. AshapuraMinechem Ltd.
Target Group- Iron and Steel plants and Aluminum manufacturing plants
1. Lignite
Lignite - popularly termed as 'Brown Gold' all over the world. Gujarat is rich in high grade
Lignite. To explore this GMDC brought in one of the world's best known mining technology
in this field - TAKRAF of Germany.
This has made GMDC a largest merchant seller of lignite in the Country. GMDC's operations
have expanded geographically to other Indian States. Profile for Lignite Projects
Tadkeshwar
Rajpardi
Panandhro
Mata No Madh
Bhavnagar
2. Flourspar
3. Managanese
4. Silica sand
5. Limestone
6. Bentonite
7. Ball Clay