“MOIL Limited — the nagpur’s secret sauce in India’s steel story!”
Picture this: a Nagpur-born giant quietly powering India’s skyscrapers, bridges, and even batteries! That’s Manganese Ore India Limited (MOIL), the heartbeat of India’s manganese mining, born right here in the Orange City
check this post by sarthak chandekar :
Day 2/5: “From Nagpur with love: 5 business giants ruling all of India”
We’re shouting out Nagpur’s iconic businesses that millions trust and adore. Get ready for some serious #NagpurPride!
MOIL Limited: Nagpur’s Manganese Rockstar!
STORY BEGINDS & LEGACY COUNTINUES :
Since 1962, MOIL Limited has been India’s manganese king, owning a 50% market share and mining a whopping 1.83M tonnes in FY24! From steel mills to electric vehicle batteries, MOIL’s magic touch powered it all, bringing in ₹1,449.42 Cr in revenue and ₹293.34 Cr in net profit last year!
It all began as the Central Province Prospecting Syndicate in 1896, transforming into Manganese Ore India Limited in 1962. Now, with 11 mines (7 in Maharashtra, 4 in MP), MOIL is the backbone of India’s industries.
Under CMD Ajit Kumar Saxena, they’re not just digging ore—they’re dreaming big with solar projects and new ventures like the Gumgaon block!
Here’s the real kicker: in a world obsessed with startup buzz, MOIL stands tall as a Mini Ratna PSU, unlisted, unapologetically desi, and exporting to 10+ countries. No fancy funding, just pure Nagpur grit!
With 5,500+ employees and millions of tonnes mined, MOIL is our city’s pride and India’s powerhouse.
From Nagpur’s heart to India’s soul, MOIL’s manganese is unstoppable!
