The MD of VV Minerals, Mr. Vaikundarajan Subramanian spoke in a recent article in the Bureaucracy Today magazine about the current trends of the heavy mineral mining industry. In the report, claiming that since the natural resources are the least exploited assets in the country, India is losing potential opportunities of achieving growth in the global natural resource outputs.
He stated that India has a huge reserve, one of the largest for minerals like ilmenite, however, a very miniscule portion of this is actually converted into national profits. 278 million tons of titanium dioxide reserves out of the total 460 million tons lie in India.
In the snapshot of the article below it is explained very clearly what are the shortcomings of the Indian heavy mineral mining business and what needs to be implemented in order to improve the current situation.