The heavy mineral mining industry in India currently faces tough challenges due to delays in sanctions of the mandatory authorization from the government authorities. Therefore they have collectively sought to ask the government for support in reviving the industry to improve economic benefits and create employment opportunities for the local people of the state.
The professional mining agency MEAI has suggested that there is plenty of scope for using the resources found in the coastal regions of Andhra Pradesh appropriately and set up new industries.
Heavy minerals such as ilmenite, zircon, rutile and garnet are abundantly found on the coastal belt of southern India. These minerals are used in paints, paper, ceramics, abrasive, insulation, cosmetics, leather, glass, artificial gems, aircraft parts, ceramics, filtration media and artificial human joints.
One of the leading heavy mineral mining companies in India, VV Minerals, is based in Tamil Nadu and deals with zircon mining, ilmenite mining, rutile mining and garnet mining. It is a family owned business by Mr. S. Vaikundarajan. The major cause for the poor growth of this industry can be attributed to unreasonable delay in getting permissions and making mineral rich land available to the industry which is otherwise illegally occupied by villagers.
They also sought exemption of 10 per cent export duty in view of the huge drop in demand for mining products.
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