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Hindustan Copper Ltd (HCL) is focusing on copper exploration and production through global collaborations as it seeks to ramp up its mining capacity from 3.47 million tonnes to 12 million tonnes per annum by FY 2030-31, a top company official said on Sunday. The Kolkata-based PSU has forged a partnership with Chile's Codelco to enhance technical strength to boost production, he said. "We've forged a strategic partnership with Codelco to build technical strength and explore deeper mineralisation. The visit of Codelco representatives to our key mining sites is part of efforts to upgrade our capabilities, HCL Chairman and Managing Director Sanjiv Kumar Singh told PTI. A three-week-long visit by experts from the Chilean copper major is currently underway, during which the team has been visiting all HCL units and offices across the country to assess various mining and operational aspects. The development comes in the backdrop of sharp criticism from the Comptroller and Auditor General .
India's industrial production growth accelerated to 5 per cent in January 2025, driven by a rebound in manufacturing activity, according to official data released on Wednesday. The government has also revised the December 2024 industrial output figure to 3.5 per cent from the provisional estimate of 3.2 per cent released in the previous month, an official statement said. The IIP growth in November 2024 was 5 per cent. The pace of factory output growth stood at 5 per cent in January 2025. The country's factory output, measured in terms of the Index of Industrial Production (IIP), witnessed 4.2 per cent growth in January 2024. The data released by the National Statistic Office (NSO) showed that the manufacturing sector's output grew by 5.5 per cent in January 2025, up from 3.6 per cent in the year-ago month. Mining production growth declined to 4.4 per cent from 6 per cent year-on-year. Power output growth slowed to 2.4 per cent in January 2025 from 5.6 per cent a year ago. In th
India's industrial production grew 4.2 per cent in June this year, mainly due to a good show by the mining and power sectors, according to official data released on Monday. The factory output, measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 4 per cent in June 2023. India's Index of Industrial Production increased by 4.2 per cent in June 2024, an official statement said. The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 2.6 per cent in June 2024 against 3.5 per cent in the year-ago month. In June this year, mining production rose 10.3 per cent, and power output increased 8.6 per cent. In the April-June quarter of this fiscal, the IIP grew 5.2 per cent compared to 4.7 per cent in the year-ago period.