Odisha likely to hike iron-ore production cap

With iron-ore miners, including the provincial government owned and managed Odisha Mining Corporation (OMC), planning to hike production despite a glut, the Odisha government was considering hiking the production cap from non-captive mines for the next fiscal year. As iron-ore production in 2015-16 expected to touch the 70-million tonne mark, increasing the annual cap on production from the eastern Indian province was necessary to offer a window for miners to maintain or increase production from their respective mines, a state government official said.