Mining Start-up Summit

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Overview:

Union Minister of Coal and Mines Pralhad Joshi will inaugurate the first Mining Start-up Summit in Mumbai on 29th of May.

About:

  • The summit is being organized by the Ministry of Mines in collaboration with Indian Institute of Technology, Bombay.
  • The Summit will be mainly focusing on innovation and techniques that will support and improve the performance, safety and help in building autonomy in the field of mining and metallurgy.
  • The summit will also be focusing on interaction with leading industries in the mineral exploration sector, financial institutions and banks.
  • More than 120 start-ups and 20 major industries will be participating in the Summit.
  • During the event, Ministry of Mines will interact with the start-ups in the field of Mining and Metallurgy and how these start-ups equipped with different technology can contribute in the activities of mining sector.

 


Q1) What is the history of Indian Institute of Technology?

The first Indian Institute of Technology was founded in May 1950 at the site of the Hijli Detention Camp in Kharagpur, West Bengal. The name "Indian Institute of Technology" was adopted before the formal inauguration of the institute on 18 August 1951 by Maulana Abul Kalam Azad.

Source: Union Minister Pralhad Joshi to inaugurate first Mining Start-up Summit in Mumbai