India’s mining industry turning a corner

After several years of contraction, the Indian mining industry has turned the corner, marking a highlight of Prime Minister Narendra Modi’s two-years in office. According to official data, the mining industry notched an 8.2% growth during the first eleven months of the 2015/16 financial year, which is now being touted as a considerable achievement by the Modi government against the backdrop of four consecutive years of contraction until 2014/15.