Experts see a Simulation based Future for Mining and Construction Equipment Training
August 25, 2023 ⚊ 1 Min read ⚊ Views 42 ⚊ TECHThe mining industry plays a major role in the economies of many countries across the world. Indian Mining and quarrying sector contributes around 2.5% of the Gross Domestic Product (GDP). With a year in year growth of 1.7 %, GDP from Mining in India averaged 758.59 INR Billion from 2011 until 2023. Whereas Indonesia- a major player in the global mining industry has seen it’s mining sector’s share in GDP contribution growing rapidly in the last five years, from just 7.18% in 2016 to over 12% as of the end of 2022. Mining roughly accounts for over one-tenth of Indonesia’s GDP and has been integral to its economic growth. On the other hand Saudi Arabia aims to triple its mining contribution to reach $64bln by 2030.
Tags: construction, Future, Simulation