According to GlobalData, India is the world’s third-largest producer of iron ore in 2022, with output up by 2% on 2021. Over the five years to 2021, production from India increased by a CAGR of 5% and is expected to rise by a CAGR of 0.57% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its India Iron Ore Mining to 2026 report. Buy the report here.

India accounts for 10% of global production, with the largest producers being Australia, Brazil, China and Russia. Exports of iron ore from India declined by 40.27% in 2022 over 2021, with the highest share being exported to China. India’s iron ore exports are expected to drop at a CAGR of 9.99% between 2022 and 2026.

Leading producers of iron ore in India are NMDC, Tata Steel and Vedanta Resources. During 2020-2021, NMDC's output was up by 30%, Tata Steel's output increased by 7%, while output from Vedanta Resources increased by 10%.

For more detailed analysis of iron ore in India, buy the report here.

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