Tata Steel, TEXMiN Partner to Innovate India's Mining Industry
Tata Steel’s Industrial Consulting Division (TSIC) and TEXMiN, the Mining Technology Innovation Hub at IIT (ISM) Dhanbad, have entered into a strategic alliance to revolutionize the mining sector in India. The partnership aims to drive the industry towards ‘Mining 4.0’ by integrating software and digital technologies into exploration, mining, and beneficiation processes. This collaboration is a significant step towards transforming natural resource management in the country.
The memorandum of understanding (MOU) signed by the two entities focuses on enhancing operational efficiency and promoting sustainable practices within the mining industry. Through this partnership, TSIC and TEXMiN will combine their expertise to develop innovative solutions that support the industry's digital transformation.
TEXMiN CEO Suraj Prakash emphasized the organization's commitment to advancing technological innovations and empowering mining enterprises in their pursuit of digitalization. This alliance aligns with both organizations' shared vision of a more efficient and sustainable future for the mining sector in India. As the industry embraces digital transformation, this collaboration is expected to lead to new breakthroughs in natural resource management and mining technology.
