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Gujarat Mineral Development Corporation Limited (GMDCLTD)
What GMDCLTD does

Gujarat Mineral Development Corporation Limited

What company does?Mining and mineral exploration, production, and processing.
Established1963
Entity typeGovernment
HeadquartersIndia
SegmentB2B
Gujarat Mineral Development Corporation Limited is a share market listed company in the Industrial Minerals industry . It got listed on NSE on 17-DEC-1997 under the trading symbol GMDCLTD. On BSE it is listed under trading symbol GMDCLTD. The company operates in Mining , Minerals and Natural Resources categories.

Company overview

Gujarat Mineral Development Corporation Limited (GMDC) is a major minerals and lignite mining company in India. Established in 1963, GMDC has been involved in the exploration, exploitation, and processing of various minerals such as limestone, bauxite, fluorspar, manganese ore, and several others.

GMDC operates through its numerous mines located across Gujarat. The company's wide range of products includes industrial minerals for industries like ceramics, glass-making, cement manufacturing, steel production, power generation plants and more.

One of the key factors that sets GMDC apart from its competitors is its commitment to sustainable development while conducting mining operations. The corporation places a strong emphasis on environmentally responsible practices by adhering to stringent environmental regulations and implementing eco-friendly technologies.

In terms of technology adoption, GMDC has integrated innovative methods for mineral extraction and processing which not only enhance efficiency but also minimize environmental impact. This approach enables the company to maintain a competitive edge within the industry.

The corporation has collaborated with various national research institutes and organizations for technological advancements in mineral exploration activities including remote sensing applications. With an extensive portfolio consisting of diverse minerals catering to different industries' requirements combined with their focus on sustainability makes GMDC stand out amidst competition.
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