NMDC readying ground for a quantum jump by 2029
The Hindu
NMDC, India's largest iron ore producer, plans consolidation and expansion beyond iron ore and mines in India.
As India’s largest iron ore producer, NMDC’s growth trajectory mirrors the infrastructure sector’s progress. The state-owned miner is readying strategies for its next phase of growth, one focussed on consolidation, and awaiting additional approvals for ramping up and looking beyond iron ore and mines in India, Director-Finance Amitava Mukherjee, who has been holding additional charge as CMD for a year now, said in an interview. Edited excerpts:

Domestic household savings replace foreign institutional money, giving Indian markets stability but raising concerns about unequal participation and limited returns for new retail investors. Access asymmetry and unequal outcomes emerge as key challenges, making investor protection, lower fees, passive investing, and stronger governance crucial.

The Ministry of Petroleum and Natural Gas (MoPNG) should work closely with the Ministry of External Affairs (MEA), and other concerned government agencies, to strengthen diplomatic engagement with oil-producing countries, secure favourable investment terms and address tax and regulatory hurdles faced by public-sector enterprises (PSEs) abroad, the parliamentary committee on public undertakings (2025-26) stated in their latest report tabled Wednesday.











