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The recovery of marketable grade granite is reported to be 32 to 40 per cent in Karnataka, 25 to 75 per cent in four quarries around Jalore, the main granite mining centre of Rajasthan, and 20 to 40 per cent in Tamil Nadu. Granite exports from India last fiscal were worth Rs 3,018 crore.
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The mining and quarrying sector contribution (at current price) to GVA accounted for about % for the first quarter of the year 201718. / % in 201516. India is a mineral rich country and has favourable geological milieu which is yet to be fully explored, assessed and exploited.
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India will continue prioritising price over quality and product lifecycle costs, creating some unpredictability for resource commodity exports to India. As a result, the extent of our market share in these key commodities will depend primarily on the competitiveness of our exports against others. ... Ultimately, the Australian mining equipment ...
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