Iron ore is a rock or mineral from which metallic iron can be economically extracted. The main iron ores are hematite and magnetite. India has large reserves of good quality iron ore, which is the basic raw material for the iron and steel industry and plays an important role in the country's development. The major iron ore deposits in India are located in the states of Jharkhand, Odisha, Chhattisgarh, Karnataka, Goa and Maharashtra. India produced around 83 million tons of iron ore in 2001-2002 from 215 mines across these states.