India’s NMDC Ltd has announced to boost output by two-thirds to 50 million tons a year in next five years.

India's biggest iron ore producer has launched new mining facilities and expanded its existing infrastructure, according to the company.

The company is currently producing around 30 million tons of iron ore a year, accounting for around a fifth the country’s total iron ore output. NMDC said it targets to reach annual capacity of iron ore of 32 million tons this year.