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    The recovery of marketable grade granite is reported to be 32 to 40 per cent in Karnataka, 25 to 75 per cent in four quarries around Jalore, the main granite mining centre of Rajasthan, and 20 to 40 per cent in Tamil Nadu. Granite exports from India last fiscal were worth Rs 3,018 crore.

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    - Seeking capital to set up granite mining operations. Promoters have already acquired the lease for a granite mine spread across 2.84 hectares. The value of the mine lease owned by the promoter is INR 5.6 crores. The mine has estimated deposits of 8,35,004 cubic meters. Granite found in the mine is absolute black granite which is export grade and also has a high demand in the local

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    Costs and Revenues: Extraction Cost for one cubic meter (1m3 = 1m x 1m x 1m) is 8000-9000 INR (approx. 50 USD) including costs of all extraction resources (Labour, Machinery, Chemicals etc.). Government taxes, way bills and transportation expenses have to also to be added to the costs based on Local Tax Auditions (7000-8000 INR in India

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