India Globalization Capital, Inc. (IGC) operates as a materials and infrastructure company in India and China. In India, the Company is engaged in supplying and trading iron ore and in leasing construction equipment, and to a lesser extent constructing roads, highways and supply rock aggregate. In China, the Company owns and operates iron ore beneficiation plants and iron ore mines, and supply iron ore to steel mills, specifically in Inner Mongolia. The Company operates a shipping hub, at the border of China and Mongolia. On March 31, 2013, it completed the acquisition of the remaining 23.13% of the TBL.