Minerals Cement Industry

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Cement Industry:

Present Scenario and Strengths:

  • Karnataka is is the sole producer of felsites and the leading producer of iron ore, chromite, and dunite.
  • Karnataka is the main gold producing state in the country, contributing 99% to India’s total gold production.
  • Karnataka is extremely resource rich and hosts country’s 78% vanadium ore, 74% iron ore (magnetite), 42% tungsten ore, 38% asbestos, 33% titaniferous magnetite, 30% limestone, 25% granite, 22% manganese ore, 19% corundum, 18% dunite, 13% kyanite and 11% iron ore (hematite) resources.
  • Steel zones proposed in Bellary, Koppal, Raichur, Bagalkot, Haveri and Gadag districts.
  • Cement Industrial zones proposed in Gulbarga, Bagalkot, Chitradurga, and Belgaum districts.
  • It is also amongst the few states to have a Dedicated Mineral Policy.

Focus Sub-sectors for Global Investors Meet 2012:

  • Project Proposition: Gems and Jewellery Park
  • Project Location: To be provided on request
  • Investment Potential: INR 1,000 Crores