Mining revenue rises 12.90% to ₹1,287 crore in Andhra Pradesh, says Minister
Major mineral revenue rises 53.50%; State targets 3.70% share of GVA from mining by 2028-29
The Mines and Geology Department in Andhra Pradesh collected ₹1,287.33 crore in revenue from April to August 2026-27, marking a 12.90% increase compared to the same period last year, according to Kollu Ravindra, the Minister for Mines and Geology. Major minerals saw a significant rise of 53.50% in revenue, while minor minerals increased by 5.80%.
In August alone, the department generated ₹311.57 crore. Ravindra emphasized the importance of providing transparent services during a meeting at the Office of the Director of Mines and Geology in Mayuri Tech Park near Mangalagiri. He highlighted that the mining sector's contribution to the State's Gross Value Added (GVA) had increased from 2% to 2.09%, aiming to reach 3.70% by 2028-29.
In 2025-26, 21 major mineral mines were auctioned, the highest number since the introduction of e-auctions in 2015. Additionally, 126 mineral areas were identified through remote mapping and 49 through AI and machine learning, with 16 areas currently under exploration by the Mineral Exploration, Research & Innovation Trust (MERIT).
Memorandums of understanding have been signed with the CSIR-National Geophysical Research Institute to investigate the potential of lithium and gallium in the Kadapa basin. The state has also formulated the A.P. Titanium and Rare Earth Magnet Policy to exploit beach sand mineral resources.
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