Deccan Gold Mines Strengthens India–Kyrgyzstan Partnership with Altyn Tor Project

Deccan-Gold-Partnership
Deccan Gold Mines Ltd has announced that its Managing Director, Dr. Hanuma Prasad Modali, met with H.E. Mr. Askar Beshimov, Ambassador of the Kyrgyz Republic to India, during his visit to Chennai. The meeting reaffirmed the growing economic and diplomatic partnership between India and Kyrgyzstan, anchored by Deccan Gold’s Altyn Tor Gold Project in Kyrgyzstan, which is set to begin production later this year.

As the first overseas mining investment by an Indian company in Kyrgyzstan, the project symbolizes a new era of bilateral collaboration. It also underscores Deccan Gold’s ambition to become a global mining player, while supporting India’s Atmanirbhar Bharat vision of securing critical mineral resources.

Dr. Hanuma Prasad Modali, Managing Director, Deccan Gold Mines Ltd., said, “The Altyn Tor project represents more than a milestone for Deccan Gold - it reflects India’s ability to shape the future of global mining while deepening our partnership with Kyrgyzstan. My meeting with H.E. Mr. Askar Beshimov, Ambassador of the Kyrgyz Republic to India, reaffirms our shared commitment to building a modern, inclusive resource economy that benefits both nations. As an Indian company with global ambitions, Deccan Gold is proud to advance the Atmanirbhar Bharat vision by demonstrating that ethical mining, cross-border collaboration, and long-term value creation can go hand in hand.”

H.E. Askar Beshimov, Ambassador of the Kyrgyz Republic to India, said, “India is a valued partner for Kyrgyzstan, and we welcome Deccan Gold’s’ investment in our country. The Altyn Tor project is a testament to the opportunities that exist for cooperation in mining, critical minerals, and broader economic engagement. We see this as a foundation for strengthening our bilateral relations in ways that are sustainable, forward-looking, and mutually beneficial.”

The meeting reflects the growing alignment between India and Kyrgyzstan in trade, investment, and resource development. Mining and critical minerals are priority sectors that can help both countries strengthen supply chains, reduce import dependence, and foster innovation. Deccan Gold’s investment in Kyrgyzstan showcases how cross-border partnerships can support India’s long-term resource security while contributing to Kyrgyzstan’s economic progress.
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