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Scaling Future Through Transformation

GMDC has embarked on an ambitious journey with Project SHIKHAR - a strategic transformation initiative aimed at building a diversified portfolio across minerals and power assets, while also expanding its presence across the value chain through downstream integrations.

In order to unlock value and achieve multifold expansion at GMDC, over 30 opportunities are being explored. These opportunities span across multiple strategic imperatives, including sales acceleration, achieving best-in-class efficiencies, embedding digital solutions and analytics deeply into the organisation's culture, and creating a positive impact on society.
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In line with this vision, multiple initiatives are already underway. GMDC has made significant strides in developing digital mines of the future through the deployment of digital productivity solutions for mine operations. There is increased focus on adopting a data-based approach with the development of a digital integrated control tower. Additionally, to future-proof the organisation’s growth, multiple green-field initiatives have been prioritised, including the set-up of beneficiation plants, manufacturing of value-added and downstream products such as cement and building additional capacities for renewable power generation. GMDC is further looking to foray into the exploration and mining of rich reserves of Base metals, Manganese and Fluorspar.

Supporting the inclusive growth of society remains the key focus area for GMDC, while paying special attention towards the MSME segment, thus leading the way from Aatmanirbhar Gujarat to Aatmanirbhar Bharat.

Strategic imperatives of the project

Portfolio diversification across minerals like Manganese, Base metals, etc. to future-proof GMDC's growth
Become employer of choice, with ample opportunities for people enablement and upskilling
Achieve breakthrough growth in revenues
Target best-in-class operating efficiencies to drive EBITDA uplift
Embed digital and analytics deeply into the organisation culture