The Positive Role Of Corporate Entrepreneurship In Indian Mining Sector In Covid-19 Pandemic

Authors

DOI:

https://doi.org/10.18311/jmmf/2021/29404

Keywords:

Corporate Entrepreneurship, Indian Mining Endustry, Covid-19 Pandemic.

Abstract

Mining is an important industrial sector for the growth and development of Indian economy. The basic raw materials of many Indian industries like thermal power generation, iron and steel, fertilizers, petroleum and natural gas, petrochemicals, cement, etc. comes from the mining industry. Due to such demand, there was potential growth in the mining sector for the financial year 2020-21. But due to the Covid-19 pandemic and the restrictions of nationwide lockdown, this sector shows a negative growth rate. It faces several challenges and obstacles. Such challenges and obstacles can be removed through innovative corporate strategy popularly known as corporate entrepreneurship and intrapreneurship, which is advantageous to the successful organization. The purpose of the study is to discuss the positive role of corporate entrepreneurship or intrapreneurship in mining industry during the Covid-19 pandemic. The article also discusses the obstacles faced by the organization while implementation of corporate entrepreneurship. Further, the article systematically discuss about the Indian mining industry, its importance, growth, obstacles, role of corporate entrepreneurship in the mining industry. The secondary data from literature, books, journals, statistical reports, annual reports have been used for validation of the study. The positive suggestion based on discussion has important managerial implications.

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Published

2022-01-24

How to Cite

Kumar, R., & Pathak, G. S. (2022). The Positive Role Of Corporate Entrepreneurship In Indian Mining Sector In Covid-19 Pandemic. Journal of Mines, Metals and Fuels, 69(10), 357–361. https://doi.org/10.18311/jmmf/2021/29404