Chandrashekar, Gayatri
Grit and Gold
- ISBN 13:
- 9781482855869
- author:
- Chandrashekar, Gayatri
- format:
- Paperback / softback
- publisher:
- Partridge India
- language:
- English
- Publication Year:
- 2015
- Pages:
- 310
- Dimensions:
- 20.3 x 12.7 x 1.7 centimeters (0
- Genre:
- History, Asia, India & South Asia,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Grit and Gold: A British Company's Successful Mining Enterprise in India. India is home to an estimated 9% of the world's gold reserves, with the Deccan region identified as one of the areas with the richest deposits. Despite this, mining contributes only a small percentage to the nation's GDP and employment. The ecological and social impact of mining can be devastating, but gold seems to occur in areas less vulnerable to damage. The appetite for gold is insatiable, with India consuming more than it produces. In fact, the country barely produces 0.4% of its own gold consumption. This has led to a significant reliance on imports, which presents an opportunity for companies like those that operated successfully in India for many years. This book tells the story of one such company, which ran a profitable mining enterprise in India for 76 years and developed pioneering technologies for deep mining.