India’s leading iron ore producer, NMDC, held a Vendor Meet in Hyderabad to present its ambitious roadmap for achieving a production capacity of 100 MTPA (million tonnes per annum) by 2030. During the event, NMDC outlined a capital expenditure plan of approximately INR 70,000 crores over the next five years, aimed at increasing production capacity, improving evacuation infrastructure, and advancing the digital transformation of the company.
The company emphasized its commitment to simplifying business processes while requesting the highest standards of speed and quality from its partners. Senior NMDC officials, including Shri Amitava Mukherjee, CMD (Additional Charge), Shri V Suresh, Director (Commercial), Shri Vinay Kumar, Director (Technical), and other senior officers, engaged with a wide network of contractors, consultants, and vendors during the meet.
Shri Amitava Mukherjee set the tone for the event, stating, “Achieving 100 million tonnes by 2030 is a crucial priority for NMDC and a unique opportunity to establish a global mining leader. Our capital expenditure plan of around INR 70,000 crores reflects the scale of this ambition. We encourage our partners to begin preparations early, secure the necessary financial backing, build their resource base, and deliver top-notch quality within the stipulated timelines.”
The event featured three detailed sessions on NMDC’s upcoming infrastructure projects, expansion plans, evacuation strategies, and the role of digital innovation in meeting these goals. Following the sessions, there were interactive discussions with the vendors to foster collaboration.
Concluding the meeting, Shri Vinay Kumar, Director (Technical) of NMDC, shared, “Our vendors have played a vital role in NMDC’s consistent growth, helping us become a powerful force in the mining industry. However, the next five years will require us to achieve more than we have in the last six decades. Only through collective effort and seamless execution can we realize the goal of 100 million tonnes by 2030.”
NMDC’s target is in line with the National Steel Policy’s vision to ensure raw material security and foster self-reliance in India’s iron and steel industry. Established in 1958, the company operates some of the most mechanized iron ore mines in the world, located primarily in Chhattisgarh and Karnataka.
Known for its consistent performance, NMDC has contributed significantly to India’s industrial growth. The company is also exploring diversification opportunities into steel production and other minerals, further solidifying its position as a key player in the mining and metals sector. With a strong focus on sustainable mining practices, NMDC ensures environmental stewardship while maintaining high operational efficiency.
