New Delhi: State-owned mining giant NMDC Limited has reported a 16% year-on-year rise in iron ore production for April 2026, marking a strong beginning to the financial year 2026–27 (FY27).
The company achieved its highest-ever April output, driven mainly by robust performance from its Bailadila mining projects.
Record Production and Strong Sales Performance
NMDC produced 46.4 lakh tonnes of iron ore and recorded sales of 36.8 lakh tonnes during April 2026.
Key highlights:
- Production growth: 16% YoY increase
- Highest-ever April output recorded
- Strong contribution from Bailadila iron ore mines
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Outperforming Industry Growth Trends
NMDC has consistently outpaced the broader industry in production growth.
- India’s iron ore production CAGR (last 4 years): 3.9%
- NMDC CAGR (same period): 6.8%
This reflects the company’s growing share in incremental national output and its stronger operational efficiency.
Ambitious FY27 Production Target
The company has set a production target of over 60 million tonnes for FY27, signaling aggressive expansion plans.
- FY26 production: over 53 million tonnes
- FY27 target: 60+ million tonnes
- April FY27 start: 4.6 million tonnes production
Focus on Capacity Expansion and Efficiency
NMDC Chairman and Managing Director Amitava Mukherjee stated that the company is strengthening its capabilities across:
- Logistics and supply chain integration
- Mining infrastructure development
- Technology upgrades
- Capacity expansion initiatives
These steps are aimed at sustaining long-term production growth.
Positive Outlook for Steel Sector Growth
The strong start to FY27 is expected to support India’s iron and steel industry by ensuring steady raw material availability and improving supply chain stability.
About NMDC
NMDC Limited is India’s largest iron ore producer and a leading public sector mining company engaged in the exploration and production of iron ore and other minerals, playing a key role in supporting the country’s steel and infrastructure sectors.
