Metallurgy And Mining Industry
The short-term outlook for the mining industry remains strong as pent-up demand emerges post-pandemic while prices are expected to remain elevated. In the longer term, the sector will capitalize on raw material needs critical to the global energy transition efforts.
India’s metal sector has been severely impacted by COVID-19 in the year to date, and we expect metal production to experience a slow recovery back to pre-pandemic levels in the coming quarters.
While the mining and metals sector was allowed to continue operations, worker absenteeism was rife and most companies operated at 60 percent of capacity.
India's mining sector is one of the country's most important industries. Many key industries rely on it for essential raw resources.
If you are a foreign company looking for market entry in India, you can contact our expert Shavikesh Goel
If you are an existing company in India looking for a market expansion in India, reach out to our expert Deepmala Datta.