Particle.news

Download on the App Store

FICCICRISIL Report: Digitalisation Can Lift India’s Mining and Metals Efficiency by Up to 15%

Executives frame near-term automation as the quickest path to stay competitive under new carbon border pressures.

Overview

  • FICCI’s conference released a joint report with CRISIL estimating 10–15% efficiency gains from digital tools, with returns expected within about two years and benefits likened to past safeguard duties.
  • Speakers cited surging mineral demand and projected near-doubling of India’s steel consumption by 2030 as reasons to accelerate process improvements until breakthrough low‑carbon options scale.
  • Technologies highlighted as near-term enablers included artificial intelligence, IoT sensors, robotics, data analytics and low-code platforms.
  • Use cases flagged as transformative ranged from GIS for mine boundary management and predictive drilling to safety systems such as driver fatigue monitoring and slope stability radar.
  • Leaders stressed that measurable results require CEO-level sponsorship, workforce upskilling and a focus on timely, actionable insights rather than standalone dashboards.