The index of mineral production of mining and quarrying sector in India for the month of March, 2023 at 154.2, is 6.8% higher as compared to the level in the month of March, 2022. 

According to the provisional data of Indian Bureau of Mines (IBM), the cumulative growth for the period April- March, 2022-23 over the corresponding period of the previous year is 5.8 per cent.

Below are the production levels of important minerals in March 2023:

Production level of important minerals in March, 2023 were

Coal: 1078 lakh tones,

Lignite: 46 lakh tones

Natural gas (utilized):  2890 million cu. m.

Petroleum (crude): 25 lakh tones

Bauxite:  2115 thousand tonnes, 

Chromite : 555 thousand tones

Copper Concentrate: 12 thousand tonnes 

Gold: 161 kg

Iron ore: 281 lakh tones

Lead Concentrate: 42 thousand tones

Manganese ore: 311 thousand tones

Zinc Concentrate: 181 thousand tones

Limestone: 402 lakh tones

Phosphorite: 220 thousand tones

Magnesite: 11 thousand tones

Diamond: 3 carat.

Important minerals showing positive growth during March, 2023 over March, 2022 include

Copper Concentrate: (41.9%)

Chromite: (34%)

Phosphorite: (32.8%)

Manganese   Ore : (13.6%)

Coal: (12.5%)

Limestone: (7.6%)

Lead Concentrate: (6.3%)

Iron Ore: (4.7%)

Bauxite: (3.6%)

Natural Gas (U): (2.7%).

Key Takeaways

• India’s mineral production rose by 6.8% in March as compared to the year-ago period.

• The cumulative growth for April-March was 5.8% over the corresponding period of the previous financial year.