On April 1st, 2026, in Hyderabad, NMDC, recognized as India’s premier iron ore producer and a Responsible Miner, announced a groundbreaking achievement, recording an unprecedented 53 million metric tons (MT) of iron ore production in the fiscal year 2026. This milestone not only sets a new record for NMDC, exceeding the 50 MT annual production threshold for the first time in the history of Indian mining, but also underscores the company’s pivotal role in bolstering the nation’s iron ore reserves, crucial for the thriving steel industry.
In March 2026 alone, NMDC produced 5.35 MT and sold 5.90 MT of iron ore, showcasing remarkable year-over-year growth rates of 51% and 40% in production and sales, respectively. The fiscal year ended with a total production of 53.15 MT and sales figures reaching 50.23 MT, both setting new records for the company. This significant achievement is attributed to stellar performances at NMDC’s primary mining facilities in Kirandul and Bacheli in Chhattisgarh, and Donimalai in Karnataka, each site experiencing their highest production levels ever.
The fiscal year 2026 was also pivotal for NMDC’s expansion and diversification, marked by strategic milestones such as the opening of an international office in Dubai, the commencement of its first coal mining operation in Jharkhand, and the start of operations at Deposit 4 at Bailadila, Chhattisgarh. These initiatives have poised NMDC for sustained growth as it enters fiscal year 2027.
During the celebratory announcement, Shri Amitava Mukherjee, CMD at NMDC, expressed immense pride in achieving this production landmark, emphasizing its significance beyond mere numbers. He noted, “Reaching this production level signifies a moment of triumph not just for NMDC but for the entire Indian mining sector.” He highlighted that as India witnesses a surge in steel requirements fueled by rapid infrastructural developments, NMDC is better prepared than ever to meet these demands, thereby supporting the broader goals of national development.
NMDC’s high-quality iron ore is a vital resource for leading steel manufacturers in India, facilitating the nation’s infrastructure projects and manufacturing sector expansion. As India progresses towards achieving a $5 trillion economy and strengthens its position on the global stage, the demand for iron ore is anticipated to rise sharply. NMDC is strategically increasing its production capacity to cater to this growing need, thereby contributing to India’s sustained economic progression.
In light of this historic achievement, NMDC is aggressively pursuing an expansion strategy with the objective of exceeding 100 MT in iron ore production capacity by 2030. This plan includes launching new mining projects, enhancing existing capacities, and improving infrastructure. This strategy aligns closely with the national vision outlined in Viksit Bharat 2047, positioning NMDC as a central figure in facilitating India’s long-term economic objectives, ensuring raw material security, and promoting sustainable development.
