Iron ore capacity under-utilisation in major-producing states prompt concerns as India sets 2047 target
With India’s iron ore demand projected to rise to 772 million tonnes (MT) by 2047, miners in Odisha, the country’s largest iron ore reserve holder, are yet to utilise nearly 40% of their existing capacities, raising concerns over resource wastage and potential revenue losses. The issue has come under judicial scrutiny, with both the Supreme…