Mining transformed by automation, AI, IoT

Vinay kumar, Director (technical) and (production & personnel, addl. Charge), NMDC, discusses tech-driven growth, sustainability

- Vinay kumar

How do you view the current state of the Indian mining sector, particularly in the context of demand for key minerals?

India's mining sector is on the cusp of a revolutionary transformation, driven by an unprecedented surge in demand for essential minerals like iron ore, coal, and bauxite. This surge is fueled by the nation's ambitious infrastructure development and industrial growth, unlocking unprecedented opportunities for expansion.

The recent Union Budget 2024 has further electrified the sector, with a strong emphasis on self-reliance in critical minerals like lithium and rare earth elements. As the government strives to reduce import dependence and boost domestic production, the sector is primed for a significant leap forward. However, to fully harness this potential, the industry must confront and overcome challenges related to regulatory frameworks, infrastructure, and environmental clearances. Embracing innovation and responsible mining practices will be crucial in navigating this evolving landscape.

At NMDC, we're actively tapping on opportunities in critical minerals, both within India and globally, to support the government's critical mineral mission and propel the nation towards a mineralsecure future.

How are new technologies such as automation, IoT and AI transforming mining operations in India?

India's mining landscape is undergoing a transformative revolution, fueled by the power of automation, IoT, and AI. These cutting-edge technologies help in reshaping the way we extract minerals, making our operations more efficient, sustainable, and safe. The integration of automation, digitalisation and Al-powered analytics enables real-time monitoring, predictive maintenance, and data-driven decision-making, thereby optimizing resource planning, allocation and reducing time for higher production with efficiency.