A VISIONARY LEADER

Amitava Mukherjee is a visionary leader driving the digital transformation of India's prominent mining company, NMDC Limited. He has successfully implemented ERP on the SAP S4/HANA platform, making NMDC the first CPSE in India to achieve this milestone. As the Director (Finance), he has overseen NMDC's exceptional financial performance, achieving record-breaking turnover and profits in FY22.

Under his stewardship, the demerger of NMDC Steel Limited (NSL) from NMDC was efficiently completed, and NSL was successfully listed on the Bombay Stock Exchange with a market capitalization of INR 10,242 crores. Mr. Mukherjee's expertise in project management, digital initiatives, and policy formulation has also extended to leading NMDC's Australian operations. Amitava Mukherjee is a member of the 1995 batch of the Indian Railway Accounts Services (IRAS) and a Cost Accountant. He holds a Master of Commerce Degree from Guru GhasidasVishwavidyalaya, Bilaspur. Prior to joining NMDC, he served as General Manager (Finance) at Rail Vikas Nigam Limited (RVNL) and held key positions within the Eastern Railways during his tenure in IRAS. His outstanding contributions have been recognized with the National Award for Outstanding Services in 2006.

In 2022, Mr. Mukherjee was honored with the 'FE CFO of the Year Award' by Financial Express in the Large Industry-Manufacturing Category, making NMDC the only PSU to receive this prestigious recognition. With his historic role in shaping NMDC 2.0, Mr. Amitava Mukherjee continues to lead the company from strength to strength.

ore and other minerals, NMDC also operates the only mechanized diamond mine in India. This mine is located in Panna, a region in the state of Madhya Pradesh. With a capacity to produce 1.00 lakh carats per annum, the diamond mine plays a significant role in NMDC's portfolio. NMDC's commitment to excellence extends beyond its mining operations. The company boasts an ISO 9001-certified Research and Development (R&D) Centre, which serves as a strong support system for its activities. The R&D Centre has earned the prestigious designation of being declared a 'Centre of Excellence' in the field of mineral processing by the Expert Group of the United Nations Industrial Development Organization (UNIDO).

This recognition highlights the R&D Centre's exceptional capabilities and expertise in the area of mineral processing. As a Centre of Excellence, it signifies that the R&D Centre has demonstrated outstanding proficiency and innovation in this field, making it a key institution for advancing knowledge and technology related to mineral processing. By holding the ISO 9001 certification, NMDC's R&D Centre showcases its dedication to maintaining robust quality management systems for its research and development endeavors. This certification attests to the Centre's commitment to meeting internationally recognized standards for quality and continuous improvement. Through its R&D Centre, NMDC continually strives to enhance its mineral processing techniques, optimize production processes, and develop innovative solutions for the mineral sector. The expertise and capabilities of the Centre contribute significantly to NMDC's success and its standing as a leading player in the mining industry. Overall, NMDC's mechanized diamond mine in Panna and its ISO 9001-certified R&D Centre both exemplify the company's commitment to excellence, innovation, and technological advancement in the mining and mineral processing sectors.

NMDC has a rich history of mine development and exploration across various minerals and regions in India. In the past, the company has successfully developed several mines, including the Kiriburu and Meghataburu iron ore mines in Bihar, the Khetri Copper deposit in Rajasthan, the Kudremukh Iron Ore Mine in Karnataka, and the Phosphate deposit in Mussorie. Some of these mines were later handed over to other companies in the public sector, while others became independent companies. Presently, NMDC is a major producer and exporter of iron ore in India. It operates iron ore mines in the Bailadila sector (Chhattisgarh State) and the Donimalai sector (Karnataka State). From these mines, NMDC produces approximately 22 million tonnes of iron ore from the Bailadila sector and 7 million tonnes from the Donimalai sector. The company's iron ore production has contributed significantly to the mineral sector in India over the last five decades. NMDC's noteworthy contributions have led to its recognition as a Schedule-A Public Sector Company. Additionally, in 2008, the Department of Public Enterprises categorized NMDC as a 'Navratna' Public Sector Enterprise, acknowledging its growing status and consistently excellent performance. With the growing demand for steel, NMDC is focused on enhancing its production capabilities to meet the expected increase in iron ore demand. The company plans to achieve this by expanding the production capacity of existing mines and opening new mines, such as Deposit-11B in the Bailadila sector and Kumaraswamy in the Donimalai sector. By 2014-15, NMDC aims to increase its production capacity to around 50 million tonnes per year. Apart from iron ore, NMDC is involved in the development of other minerals. It is currently developing a Magnesite mine in Jammu and the Arki Lime Stone Project in Himachal Pradesh. Additionally, the company is undertaking value-addition initiatives, including the development of a 3 million tonnes per annum (mtpa) steel plant at Jagdalpur and two pellet plants at Donimalai (1.2 mtpa) and Bacheli (2 mtpa). NMDC is also exploring opportunities to expand its operations in different minerals such as coal, diamond, gold, etc. The company is actively seeking leases or acquiring properties from foreign countries through direct transactions, Special Purpose Vehicles, or Joint Ventures. To support its exploration activities, NMDC has established a Global Exploration Centre in Raipur, Chhattisgarh. The company is diversifying its activities through intensive research and development efforts. It aims to produce hightech and high-value-added products from resources like Blue Dust, including carbon-free sponge iron powder and nanocrystalline powder. Additionally, NMDC is conducting a study to set up a demonstration plant for the beneficiation of BHJ/BHQ material, aiming to upgrade it to +64% Fe iron ore concentrate.

NMDC also emphasizes environm ental protection and sustainable practices. The company takes measures such as tree plantation and constructing tailing dams/check dams at various project sites to ensure responsible environmental stewardship. In terms of its clientele, NMDC serves a range of clients, including MMTC, RashtriyaIspat Nigam (VSP), Essar Steel, Ispat Industries, Vikram Sponge Iron, Sponge Iron India, KIOCL, JSW Steel, Visvesvaraya Iron & Steel Plant, Aparant Iron & Steel Company, Lanco Industries, Tata Metallics, Kirloskar Ferrous Industries, Southern Iron & Steel Company, and CG-based Sponge Iron Units.