India currently produces around 95 minerals under different groups, with fuel minerals, metallic minerals, non-metallic minerals, atomic minerals and minor minerals. He country has immense potential for mining resources and reserves and is currently among the top 10 global producers of many minerals. India is the 3rd largest producer of coal, with coal production in the country at 688.8 million tonnes in FY18. India also ranks 4th in terms of iron ore production globally and hosts around 8 percent of the world’s deposits. In FY18, production of iron ore stood at 210 million tonnes. India also became the world second largest crude steel producer in 2018 with an output of 106.5 million tonnes. According to Ministry of Mines, India also has the 7th largest bauxite reserves in the world. To encourage balanced social and economic growth and investments in this sector, the National Mineral Policy 2019 was launched with a focus on transparency and better regulation and enforcement.