Analysis of IIP and the Indian Mining Industry: Policies and Approaches

Purpose: Purpose of this paper is to study the phenomenon of globalization in Indian economy and to understand the present scenario of Indian mining industry. The paper aims to explore the problems in the stated sector and tries to bring in the suggestions to deal with that.

Methodology: This paper is conceptual in nature wherein qualitative methods and secondary research has been used to substantiate the significant issues of Mining industry in Indian sub-continent. An attempt is made to explore the strategic approach in order to make certain vital observations to lay down conclusion.

Findings: The paper contemplates that Government, management and society together has to play a key role in adapting sustainable practices for their operations and integrate it into the overall business strategies to address the sustainability issues critical to the mining and metals industry.