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The Mining industry in India is a major economic activity which contributes significantly to the economy of India.The GDP contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production.
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The stone mining industry has been strongly expanded in the American economy, the production of goods for a wide range of manufacture businesses. The importance of the industry has continued steady in five years till 2017 and IBIS World hopes that the continuous importance of the industry as the primary supplier of stone products will benefit the operator.
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India is pioneer in the exploration, mining of commercial rock deposits and in establishing a firm base for stone industry. India, with an estimated resource of about 1,690 million cu m, comprising over 160 shades of Dimension Stone Granites (DSG), accounts for about 205 of the world resources.
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