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Impact of Recession on the Mining Industry of Rajasthan

The Indian granite industry, like many other sectors, has found itself navigating a complex landscape amidst the country’s economic downturn. The global recession has led to a decrease in demand for minerals and metals, resulting in an oversupply and a significant drop in prices. This perfect storm has had a profound impact on the profitability of the granite industry, compelling companies to rethink their strategies.