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GMDC Ranks 469th Among India's Fortune 500, Leads Mining Sector
11 Sep
Summary
- GMDC, a zero-debt mining company, ranks 469th among India's Fortune 500 in 2023
- GMDC holds a prominent position in the mining sector by market capitalization
- GMDC has been actively developing India's mineral resources for over five decades

As of September 11, 2025, GMDC, a prominent player in India's mining and mineral processing sector, has solidified its position as a leading force in the industry. The company, which has been actively developing the country's abundant mineral resources for over five decades, currently ranks 469th among India's Fortune 500 companies for the year 2023.
GMDC's impressive standing is further underscored by its status as a zero-debt organization, a testament to its financial stability and prudent management. The company's market capitalization places it among the top five organizations in the mining sector, highlighting its significant influence and impact within the industry.
With its unwavering commitment to responsible resource development, GMDC has played a crucial role in India's ongoing mineral revolution. The company's long-standing presence and expertise in the field have contributed to the country's growing self-sufficiency in meeting its mineral needs, a crucial factor in driving economic growth and progress.