- Business
- Gujarat Mineral Development Corporation Limited operates as a prominent Indian enterprise engaged in mineral extraction and power generation. Established in Ahmedabad in 1963, the company manages distinct segments encompassing mining and electricity production. It actively sources a variety of minerals, including lignite, where it stands as India's leading merchant seller and second-largest producer, alongside bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. These essential resources support diverse industries such as power generation, textiles, chemicals, glass manufacturing, metallurgy, and water purification. Beyond its core mining activities, the corporation also generates power through thermal, wind, and solar installations. Demonstrating a forward-looking strategy, Gujarat Mineral Development Corporation is actively diversifying its portfolio by expanding into critical minerals like rare earth elements and copper, aligning with national priorities for energy independence and sustainable development.