Comments
The NMDC is targeting a production of 100 million tonnes by 2030 from 34 mt last year as it turned 60.
Established on November 15, 1958,the NMDC made a record breaking production of Iron ore last year. With a production of 35.6 million tonnes of iron ore in 2016-17, it showed a turnover of Rs 8,860 crore, showing a growth of 37 per cent. The profit before tax was put at Rs 4,239crore, a growth of 5 per cent over previous year.
NMDC, which is celebrating Diamond Jubilee here on Friday, has plans to increase production capacity to 67 million tonnes by 2022, according to Chairman and Managing Director N Baijendra Kumar.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.