National Mineral Development Corporation

NMDC Limited
FormerlyNational Mineral Development Corporation
Company typePublic
IndustryMining
Founded1958 (1958)
HeadquartersHyderabad, Telangana
Key people
Amitava Mukherjee, Chairman-Cum-Managing Director
ProductsIron ore, copper,diamond, graphite, coal and beach sands
Revenue 15,721 crore (US$1.9 billion) (2021)
8,895 crore (US$1.1 billion) (2021)
6,247 crore (US$740 million) (2021)
Total assets 36,929 crore (US$4.4 billion) (2021)
Total equity 29,884 crore (US$3.5 billion) (2021)
OwnerGovernment of India (60.79%)
Number of employees
5,887 (March 2019)
Websitewww.nmdc.co.in

NMDC Limited, formerly National Mineral Development Corporation, is an Indian public sector undertaking involved in the exploration of iron ore, rock, gypsum, magnesite, diamond, tin, tungsten, graphite, coal etc. It is India's largest iron ore producer and exporter, producing more than 45 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka. It also operates the only mechanized diamond mine in the country at Panna in Madhya Pradesh.