A qualified techno-commercial person with proven excellence in management, Rajesh Nagpal has been working in the Mining Industry for several years. His experience of highest standards has gained him a respected position in his work areas.
Mining is the extraction of valuable minerals or other geological materials from the earth from an orebody, lode, vein, seam, or reef, which forms the mineralized package of economic interest to the miner.
Ores recovered by mining include metals, coal and oil shale, gemstones, limestone, and dimension stone, rock salt and potash, gravel, and clay. Mining is required to obtain any material that cannot be grown through agricultural processes, or created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water.
“For several countries, the Mining industry is a major economic activity which contributes significantly to their economies,” says Rajesh Nagpal. “Take an example of India, going by the GDP of the total industrial sector it contributes around 10% to 11%. Indian mining industry provides job opportunities to around 700,000 individuals.”
India is the largest producer of sheet mica, the third largest producer of iron ore and the fifth largest producer of bauxite in the world. India’s metal and mining industry was estimated to be $106.4bn (£68.5bn) in 2010.