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Andhra Pradesh’s Mines Department recorded a revenue of Rs 3,416 crore in 2025-26.
Andhra Pradesh's Mines Department achieved 32% revenue growth in 2025-26, highest among mineral-rich states.
KEY POINTS
- The State targets Rs 4,650 crore revenue for 2026-27, a 36% increase over the previous year.
- ArcelorMittal Nippon India and JSW are both establishing major steel plants in Andhra Pradesh.
- By 2035, Andhra Pradesh aims for 113 million tonnes of iron ore production annually.
- A new policy will address processing low-grade magnetite ore and expedite mining approvals.
COMPANIES
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