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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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Discover the growth strategy.","\u003Cfigure>\u003Cimg src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2023\u002FRoopwant%20Singh,%20IAS,%20Managing%20Director,%20GMDC%20(1).JPG\" alt=\"\">\r\n\u003Cfigcaption>Roopwant Singh, Outgoing Commissioner,  Geology and Mines\u003C\u002Ffigcaption>\r\n\u003C\u002Ffigure>\r\n\u003Cp style=\"text-align: left;\">The Commissioner of Geology and Mines (CGM)—working under the Industries and Mines Department Government of Gujarat—has announced that their revenue from royalty collections for FY 22-23 has seen an increase of 19 percent compared to the previous year to achieve an inflow of INR 2,070 crore, making it the highest in the history of the institution. This additional revenue is by reaching above the goals the Government had set. By implementing a transparent, innovative, and sustainable regime, CGM has developed the Mineral wealth of Gujarat.\u003C\u002Fp>\r\n\u003Cp>While FY19-20 and FY20-21 saw degrowth due to COVID and many other macroeconomic factors, FY21 saw a revenue jump to INR 1,733 crore from INR 1352 crore in the previous year, signaling a revival in the mining industry. Between FY21 and FY22, CGM has seen a 28 percent growth in its royalty collections, far exceeding its targets due to the collective efforts of its team, government authorities, and mining industry stakeholders.\u003C\u002Fp>\r\n\u003Cp>CGM collected the highest royalty revenue, crossing INR 2,070 crore in its history. It’s a 19.44 percent raise over the previous year. The contribution of major minerals such as Limestone, Bauxite, Lignite, etc., is 30 percent to the whole royalty collection. Whereas, the contribution of Minor minerals such as, Ordinary Sand, Blacktrap, Granite, Marble, China clay, Building stone, etc., is 70 percent to the whole royalty collection.\u003C\u002Fp>\r\n\u003Cp>As part of Geo Chemical Mapping, 86 toposheets out of a total of 236 toposheets falling in the state are completed, covering an area of 54,412 sq km; sample analysis and mapping are done as per GSI norms. CGM uses advanced systems such as Surfer, Map info, and Geosoft Montaj- Geochemistry Software for report writing. Furthermore, it has attracted new entrepreneurs and investors to the mining sector in the past few years. The state has put up new 12 Limestone and Bauxite Major mineral blocks, which will attract new mining industries in the state. The state has also put up 365 minor mineral blocks, which will attract individuals as well as small-scale investors. These will create new opportunities for start-ups and create new employment in the state. It will increase the royalty revenue in upcoming years.\u003C\u002Fp>\r\n\u003Cp>Roopwant Singh, Outgoing Commissioner of Geology and Mines, commented, “This is a result of implementing various measures to streamline the royalty collection process, such as having a single window system, digitizing mining lease documents, adoption of technology for surveillance, besides others.”\u003C\u002Fp>\r\n\u003Cp>He also states, “This wouldn’t have been possible if the entire ecosystem hadn’t put their heads together. It is a small testament to what is to come and the state government’s vision to promote sustainable mining practices, leading to more mining leases being granted. We are exploring and operationalizing best measures from Integrated Lease Management System, implementing e-auction routes that bring transparency and accountability to evaluating alternatives to river sand. We are also the first state to initiate Geo Chemical Mapping.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>cgm.gujarat.gov.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2023\u002FXP4QhEKFXzssf7yzcFcO.JPG","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FApril2023\u002FXP4QhEKFXzssf7yzcFcO.JPG","2023-04-09T18:28:25+05:30",0,"The Gujarat Commissioner of Geology and Mines achieved a record INR 2,070 crore in royalty revenue for FY 22-23.\nMinor minerals contributed 70 percent of total royalty collections, highlighting the sector's significant economic impact.\nThe state is pioneering Geo Chemical Mapping, having completed 86 toposheets across 54,412 sq km to boost transparency.","Gujarat’s mining sector is reaching new heights! The Commissioner of Geology and Mines (CGM) has announced a record-breaking INR 2,070 crore in royalty collections for FY 22-23, marking a 19% increase year-over-year. This success, driven by the digitization of mining leases, a single-window system, and enhanced surveillance technology, highlights the state's commitment to a transparent and sustainable mining ecosystem. With the auction of 12 major and 365 minor mineral blocks, Gujarat is paving the way for new entrepreneurs and significant employment growth. The state is also leading the way in innovation as the first to implement large-scale Geo Chemical Mapping. A massive achievement for the team and stakeholders involved in this industrial transformation. #GujaratMining #EconomicGrowth #SustainableMining","Gujarat’s mining sector hits a record INR 2,070 crore in royalty revenue! Innovations in digital surveillance and transparent e-auctions are driving massive growth for the state’s industrial landscape. #GujaratMining #MiningIndustry","Big news from Gujarat’s mining sector! 💎 The Commissioner of Geology and Mines just hit a record-breaking INR 2,070 crore in royalty revenue. This massive 19% growth is thanks to some serious tech upgrades, including digital lease management and a new, transparent e-auction system. 📈 \n\nFrom major minerals like limestone to local minor minerals, the state is creating huge opportunities for small-scale investors and startups. Plus, they’re the first to launch large-scale Geo Chemical Mapping to map out the future of the industry. The future of mining in Gujarat looks bright and sustainable! 🏗️✨\n\n#GujaratMining #EconomicGrowth #Innovation #MiningNews #SustainableIndustry #Geology #BusinessGrowth",{"title":145,"description":147,"keywords":158},"gujarat mining, geology and mines, royalty collection, mineral resources, mining industry growth, geo chemical mapping, sustainable mining, gujarat government, mining revenue, industrial development",{"title":160,"slug":161,"imageUrl":162},"Scitis.io Implements MES-System for Lorenz and Presents Use-case at Hannover Messe","scitisio-implements-mes-system-for-lorenz-and-presents-use-case-at-hannover-messe","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2023\u002FvEZFD94QJlZblyxd7Rlj.png",{"title":164,"slug":165,"imageUrl":166},"FDT Group Releases FDT UE Developer Tool Evaluation 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