Midwest Limited

Largest Black Galaxy granite producer, now expanding into quartz and rare earth minerals with long-life mining reserves.

The company operates mines with over 35 years of reserve life and held a 50% share of global Black Galaxy granite exports in FY24. As it consolidates India’s fragmented quartz market, it is well positioned to emerge as a scaled, integrated manufacturer of quartz grit and powder.

This integration strengthens cost efficiency, quality control and supply reliability, while creating significant entry barriers. The shift also diversifies revenues beyond granite, supporting long-term growth and margin expansion.

INDUSTRY

Advanced Materials

LOCATION

Hyderabad, Telangana

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The image shows a large-scale marble or granite processing facility, specifically focusing on the cutting or splitting of massive natural stone blocks.

This image captures a large-scale mining operation at a granite quarry, likely located in South India, which is known for its extensive granite resources

This image shows an aerial view of a massive construction or quarrying site, characterized by extensive ground operations and heavy machinery.

Large stone quarry with high vertical rock faces and heavy industrial cutting operations under a clear sky.

Aerial view of a large industrial and manufacturing complex surrounded by roads, greenery, hills, and water bodies.

Group of engineers or site workers wearing safety helmets conducting an inspection on a beach or coastal site.

Offerings

Natural stone

Diamond wire tools

Heavy mineral sands

Quartz grit and powder

Highlights

Granite

Largest producer of black galaxy granite, leading exporter of absolute black granite.

Quartz

Acquired quartz mines with 25+ years of life; and supplying quartz for manufacturing of engineered stone, solar glass, and semiconductors.

Heavy Mineral Sands

Secured licenses for mines in Sri Lanka to extract ilmenite, zircon, monazite, rutile etc., which yield titanium and other rare earth oxides, with potential to manufacture titanium metal and permanent magnets.