NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

NMDC, India's largest iron ore producer, is aiming to reach a production milestone of 60 million tonnes this fiscal year, according to its Chairman. This goal is part of the company's broader strategy to increase its output to 100 million tonnes by 2030-31, in line with the National Steel Policy 2017. Reaching this target will be crucial for India's steel industry, as it will help meet the country's growing demand for steel and support the government's plans to increase domestic steel production.

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NMDC's increased production will support India's steelmaking capacity growth. This could lead to higher demand for iron ore and boost the sector's growth.

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