Mining remains one of India’s most critical sectors—powering energy security, supplying essential raw materials, and generating over 10 million jobs annually, particularly in remote and tribal regions. Yet, at just 1.5% of GDP, India’s mining sector delivers far less value than other mineral-rich geographies like Australia and Canada.
As India accelerates economic growth, the challenge and the opportunity are clear: how do we expand mining sustainably while balancing community welfare, environmental stewardship, and competitiveness?
This report addresses this defining question. It calls for systemic change—where compliance-driven operations give way to sustainability-focused, lifecycle, and multistakeholder approaches. Without such change, growth risks coming at the expense of ecosystems, communities, and long-term resilience.
The report explores practical pathways to unlock a greener future for mining in India, with insights on:
- Sustainability imperatives: Why ESG risks and expectations from investors, regulators, and communities are reshaping industry priorities.
- Key principles of sustainable mining: From environmental stewardship and social performance leadership to governance excellence.
- Seven thematic focus areas: Land use, water stewardship, waste and emissions management, biodiversity, local economic development, and health & safety.
- Operational strategies: Lifecycle-based planning, baseline assessments, measurable annual goals, and robust monitoring mechanisms.
- Best practices and global benchmarks: Drawing from national policies (such as India’s Sustainable Development Framework) and international standards (ICMM, RMI, WBCSD).
This report equips mining companies, investors, and policymakers with actionable strategies to:
- Access capital more effectively in ESG-conscious markets
- Reduce risks of community opposition and regulatory hurdles
- Unlock long-term cost savings through efficiency and circular business models
- Strengthen their reputation across domestic and global value chains
It goes beyond compliance, offering a blueprint for creating net positive value for businesses, communities, and the environment.
Suman Jagdev
Partner
Vaibhav Doshi
Associate Partner
Jivleen Kaur
Manager
