Bauxite News - General

MENA region leading investment fund envisions India’s resources will propel GDP growth

  | AlCircle   |

A leading investment fund in the MENA region focused on unlocking a positive future for the region, and beyond, the Dubai Investment Fund (DIF) asserts that India's untapped resources will need to be explored to navigate the nation's demand for new infrastructure and facilitate the housing bubble.

MENA region leading investment fund envisions India’s resources will propel GDP growth

The international asset management company headquartered in Dubai says India enjoys a notable cost advantage in producing aluminium and steel.

However, due to its beneficial position, it has the advantage of export probability to rapidly growing markets in Asia. As of 2022,

The total number of mines in India that filed reports is expected to attain 1,425, with 720 mines filing reports for non-metallic minerals and 525 mines for metallic. The mining industry's proliferation is essential for a country's comprehensive industrial development, as minerals are valuable natural resources used as critical raw materials for the entire manufacturing sector.

As per the insights of DIF, India is a nation blessed with large deposits of numerous metallic and non-metallic minerals that serve as a premise for increasing and advancing the country's mining industry.

As per DIF analysts, India is substantially competent in meeting its demands concerning metallic minerals such as bauxite, chromites, iron ore, and lignite, as well as in terms of mineral fuels such as coal and lignite.

The DIF believes India's mining and metals industry has the potential to propel GDP growth, boost the forex reserve, and give end-use industries such as building, infrastructure, automotive, and electricity, amongst others, a cut-throat edge by securing critical raw materials at rational rates.

Future of the Global Aluminium Castings Industry

The middle-eastern fund believes that there is a significant potential for developing new mining capacities in bauxite, iron ore, and coal, as well as many prospects for exploring sub-surface deposits.

It is in the interest of aluminium, steel, and zinc producers to take advantage of attractive business prospects provided by the construction of infrastructure projects.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Related Business Leads
Selling offer Bauxite
Al203: 55-60% SiO2: 1-5% CaO: 0.3-1% Fe203: 18-22%  Moisture: 1-4% We are producing bauxite from our own quarries in Mugla,Turkey. We are supplying b...
Posted On : 09/Aug/2022

We are Mining Group /Cooperative selling of BAUXITE & GOLD in West Africa, looking for a buyer for a longterm contract of selling our product, please ...
Posted On : 01/Nov/2021

Selling offer BAUXITE
Al2O3 : 54-58 %  / SiO2  : 6-8 %  for lumpy Al2O3 : 50-54 %  / SiO2  : 6-9%  for fine grade Al2O3 : 46-54 %  / SiO2  : 08-18 %  for cement category ...
Posted On : 28/Oct/2021

Buying request Bauxite Ore
Need Bauxite Ore in bulk shipment. 50,000 MT (10+/-). Your price is USD 16.00/MT FOB Iskender port, Turkey. Evevry 2 months once and 6 shipments per ...
Posted On : 23/Aug/2021

We are miners and exporters of monohydrate bauxite ore from our mines in souther part of Turkey. We stock 50.000 Tonnes Lumpy Bauxite Ore ready for sh...
Posted On : 18/Jun/2021
Alternate Text
EPIQ Machinery
A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems
Alternate Text
RIA Cast House Engineering
Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines
Alternate Text
Altek
Leading manufacturer of value-added equipment for the aluminum casthouse
Alternate Text
Jagannath Company
Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals
Alternate Text
CETAG
A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.
Alternate Text
LB ALUMINIUM BERHAD
Leading Aluminium Extruder in South East Asia, offering world class solutions from die fabrication, extrusion to value-added finishing.