In December 2020, India’s Government released its new Australia Economic Strategy. This identified Australian METS as a valuable partner in the ongoing liberalisation of India’s mining sector. With 1,500 mines in operation in India, new developments are creating fresh opportunities for Australian companies:
- New mine operating models designed to encourage private-sector involvement
- Auctions of state-owned coal mines
- New regulations that aim to increase overseas investment.
This insight gives an overview of some of the key opportunities and challenges facing prospective METS suppliers in India. It suggests ways to approach state-owned mining enterprises and identifies opportunities for Australian METS in skills training and development.