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To fulfil the increased demand for coal and metallic minerals, India’s mining strategy envisions large expansions in production. Mining explosives have come a long way, and their uses have progressed significantly.
With the ramp-up of coal output and a pick-up in infrastructure activity, domestic demand for explosives is projected to rise significantly.
The India Mining Explosives Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Coal India Ltd., the world’s largest coal supplier, will increase output of a critical chemical used in mining explosives to combat rising costs. In order to safeguard profit margins, the corporation expects to generate half as much ammonium nitrate as it consumes.
Economics Explosives Ltd (EEL), a subsidiary of Solar Industries India Ltd, has created Loitering Munitions and successfully tested them in high altitude settings in Ladakh in collaboration with Z Motion Autonomous System Pvt Ltd, Bangalore, as part of the “Atmanirbhar Bharat” initiative.
Dhanbad’s Indian Institute of Technology (Indian School of Mines) has signed a Memorandum of Understanding (MoU) with Orica Australia, a prominent blasting technology business, under which the institute would obtain BlastiQ software suite licences. BlastiQTM is a cloud-based platform that allows users to save, manage, share, and reference all types of blast-related data.
Premier Explosives Ltd (PEL), based in Hyderabad, has finalised plans to open a facility near the ISRO Spaceport in Sriharikota. The unit will manufacture explosives, propellants, and motor straps. PEL has also collaborated with IIT Madras for high-energy material research and development.
