Coastal Economy

A lesson From China – Coastal Economy

Of the many setbacks that the mining industry faces, one was highlighted in a report published in Business Standard last week- steep logistics cost! According to the report, logistics costs is the stone tied to the legs of our mining companies, the load that slows them down in a fiercely competitive global race. India’s logistics cost as a percentage of GDP is 14 %  against the US and Japan’s 10% and EU’s 11%. For the costs to come down, the constraints in infrastructure have to be dealt with. In a country like India where grave issues like poverty, poor health …

Read More

Now the beach is deserted except for some kelp

Now the beach is deserted except for some kelp And a piece of an old ship that lies on the shore You always responded when I needed your help You gimme a map and a key to your door. Sarah by BOB DYLAN Always wonder why this hatred towards those who have worked hard and made their wealth after stumbling on something valuable. In life, we all get our opportunities but just a few manage to make the best of it. And then here is a company which has not only been successful but has also managed to make India …

Read More

India is losing out with Rare Earth Metals

As you would notice India, particularly Tamil Nadu, has a lot of potential in RARE EARTH METALS. There has been very little awareness of the potential of this industry. It is not just a lack of awarenesss, people are grossly  ill-informed about mineral mining. Hence the sector has faced a lot of challenges from media and the government particularly. We have to view this in a more informed way. ‘Responsible Mining’ is all about that. Minerals are valuable to the manufacturing sector. Take the case of the paint industry. There are around 300 to 400 ingredients that go into making decorative …

Read More