Mining & mineral sector pptPresentation Transcript
Mining & Mineral sector (Primary Sector) Mining & Mineral Sector( Primary Sector) Presented By LakshayKhanna OmkarBanore Nilesh Kalmegh James Borade
Introduction of Mining & Mineral Sector
Backbone of the industrial development of India.
Contribution to country’s GDP is 3 %.
The major mining products in India are lignite , Oil and natural gas, copper ,lead, Aluminium, zinc , coal ,gold, silver and diamonds .
India is leading producer of mica blocks and mica splitting.
Top Three Players (Oil & Natural Gas Exploration) Top three players in Indian mining and minerals sector
Reliance Industries Limited.
Bharat petroleum corporation limited.
Oil & Natural gas corporation.
Reliance Industries Ltd(History) 1.Founded by Late Mr.DhirubhaiH. Ambani in 1966 2 Started with textiles business in the 1966. 3.In 1977-87, entered into plastics, petrochemicals, petroleum refining , oil and gas exploration and production business. 4. In 1977 ,RIL listed on BSE . 5.In 1992, Reliance Petrochemical Ltd merged in RIL. 6.In 2002, Reliance Petroleum Ltd merged in RIL. 7. In 2006, entered into Retail Business.
Exploration Sites- 13 International blocks in Peru, Yemen, Oman, Kurdistan , Colombia & Australia. Domestic- Panna-Mukta and Tapti fields , CBM in Sohagpur,MP,Krishna-Godavari basin.
HOW THEY STARTED India was importing 80% of its crude oil in late ‘70s. In 1982, Mukesh Ambani formed Reliance petroleum limited. In 1999, they Built world's largest grassroots petroleum refinery at Jamnagar. Another refinery built in Jamnagar in the year 2008. Increasing total capacity to 1.24 million barrels of oil per day. In 2009, RPL was merged in Reliance industries limited.
MERGERS AND AQUISATIONS
Reliance acquired 50 % stake of GAPCO (Gulf African petroleum corp.) in 2007.
In 2010, entered into partnership with Pioneer Natural Resources & Carrizo oil of USA.
On February 11, 2011 RIL and British Petroleum announced partnership between them.
Achievements International refiner of the year in 2007 at Hart's World Refining and Fuels Conference. Ranked 68th in Financial times 500 list in the year 2010. It ranked 33rd in the most innovative companies in the world- 2010. Ranked 134th in world’s Fortune 500 companies list.
Growth of RIL Fiscal year 2004 was a record year in the history of Reliance Industries .The company's net profits crossed the $1 billion mark. Over the last 25 years, RIL has seen its sales grow from Rs 120 crore to Rs. 2,58,651 Crore. Transition from Textile to Oil & gas , Petroleum, Petrochemical & then into Retail .
Contribution to India’s Economic growth
13.4 % of India’s total exports
6.9 % of the Government of India’s indirect tax revenues