Research Report on India Metals & Minerals Industry
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- Date Submitted: 02/23/2016 12:12 AM
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Market reports on India presents the latest report on “Research Report on India Metals & Minerals Industry” http://www.marketreportsonindia.com/industry-mfg-market-research-reports-3305/india-metals-minerals-industry.html This report profiles India’s metals and minerals industry, discussing market trends and outlook through 2015 and beyond.
23Rd Feb 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “Research Report on India Metals & Minerals Industry”. The country has been a major global player in minerals and metals in terms of manufacturing, consumption and trading in the last few years.
This report profiles India’s metals and minerals industry, discussing market trends and outlook through 2015 and beyond. The report also highlights leading players in the sector including Hindalco Industries Ltd, Hindustan Zinc Ltd and Hindustan Copper Ltd.
The Indian metals and minerals sector is one of the important constituents of economic growth in India. The country has been a major global player in minerals and metals in terms of manufacturing, consumption and trading in the last few years. India is ranked amongst the world’s largest producers of aluminum and zinc. The sector comprises mining, production and trading companies. The big metals players dominate the industry and thus form a sort of oligopoly.
FY15 was a tough year for the sector despite an increase in production and demand, primarily due to lower global commodity prices. The global situation for metals and minerals was also adverse with spot prices of several metals going south. The value of India’s mineral production saw a decline as a result of the prevailing global situation. However, growth in demand brought some relief to the sector. The index for production of basic metals recorded a steady growth, while mining finally registered growth in 2015-16 after three successive years of decline.
The outlook for metals and mineral sector looks stable in the near-term...
23Rd Feb 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “Research Report on India Metals & Minerals Industry”. The country has been a major global player in minerals and metals in terms of manufacturing, consumption and trading in the last few years.
This report profiles India’s metals and minerals industry, discussing market trends and outlook through 2015 and beyond. The report also highlights leading players in the sector including Hindalco Industries Ltd, Hindustan Zinc Ltd and Hindustan Copper Ltd.
The Indian metals and minerals sector is one of the important constituents of economic growth in India. The country has been a major global player in minerals and metals in terms of manufacturing, consumption and trading in the last few years. India is ranked amongst the world’s largest producers of aluminum and zinc. The sector comprises mining, production and trading companies. The big metals players dominate the industry and thus form a sort of oligopoly.
FY15 was a tough year for the sector despite an increase in production and demand, primarily due to lower global commodity prices. The global situation for metals and minerals was also adverse with spot prices of several metals going south. The value of India’s mineral production saw a decline as a result of the prevailing global situation. However, growth in demand brought some relief to the sector. The index for production of basic metals recorded a steady growth, while mining finally registered growth in 2015-16 after three successive years of decline.
The outlook for metals and mineral sector looks stable in the near-term...