GMDC Forecasts Fivefold Growth Amid Shift to Green Energy in Mineral Mining [Video]

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At the BT Banking & Economy Summit, Siddharth Zarabi, Managing Editor of BTTV, in an exclusive conversation with Roopwant Singh, MD of GMDC, discussed the impact of electrification and the green evolution on the mineral mining business. Singh responded by stating that Gujarat Minerals Development Corporation, a state-owned PSU, aims to grow fivefold by the end of the decade. The company plans to invest in critical minerals, which are expected to become a significant player within 3-4 years, with estimated growth reaching ₹5,000-₹6,000 Crore. The company’s strategy is to transition towards green energy. Here’s an excerpt from that exclusive conversation

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