India is expected to cut imports by a fifth in the fiscal year.
Key to Modi's plan will be the interest rates offered for gold deposits.
Modi government has pledged to lay 700,000 kms of broadband cable.
Posco will have to bid for an iron ore licence to feed its plant.
India was once the world's third largest iron ore exporter and Goa its biggest exporting state
Prime Minister Narendra Modi was elected last year on hopes he would revive a languishing economy.
Investors from across the globe are keen to invest in Gujarat.
Prime Minister Narendra Modi has high hopes from the VibrantGujarat Summit.
Restrictions on buying land are among barriers holding up projects worth almost $300 billion
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Modi is keen to restart big projects which are stuck for various reasons.
Jindal Steel and Power Ltd has shelved a $10 billion coal-to-diesel project, its chairman told Reuters, becoming the first big casualty of a court decision to scrap coalfields allocated to private firms since 1993.
Zama, however, said the unions would keep resisting any move that could undermine the position of Coal India.
India will allow locally registered foreign firms to mine and sell coal when commercial mining is permitted as part of the opening up of the nationalised industry after four decades, Coal Secretary Anil Swarup told Reuters.
Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services
India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand.
Prime Minister Narendra Modi's decision to open commercial coal mining to private players is a key step towards bringing order to the country's chaotic power industry and ending the chronic blackouts that impede its economic rise.
China's strong manufacturing base and India's software and scientific skills had massive potential both as a production base and for creating a consumer market.
The company has also advised power firms to use trucks to carry coal from remote mines, like the Amrapali open cast pit in eastern Jharkhand state.
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