India needs to diversify its mineral export basket: study
India needs to diverse its mineral export basket and intensify exploration activity with a suitable incentive framework to attract private sectors foreign investments, says a study by Export-Import Bank of India (Exim Bank). According to the study titled Exploration holds the key for Growth in India Mineral Sector, the growth momentum in the Indian minerals sector arising out of an increasing worldwide demand could be sustained through a comprehensive exploration policy to unearth the largely unexplored mineral wealth of the country.