About APMDC:
The Andhra Pradesh Mineral Development Corporation Ltd., was consolidated on 24th Feb., 1961 as a completely possessed undertaking of the Government of Andhra Pradesh to create mineral assets in Andhra Pradesh including investigation, abuse, protection, handling, beneficiation, change into quality included items and advancement of mineral based businesses. APMDC enrolled under the Companies Act 1956 with an approved capital of Rs.50 lakhs with full interest by Government of Andhra Pradesh. The Authorized capital is expanded, every once in a while, to Rs. 10 Crores.