Encouraged by committed mineral industry professionals of India, the Mining Engineers’ Association of India (MEAI) laid the foundation to this initiative by organizing a roundtable conference on 18^th Dec 2014 at Hyderabad with the participation of several stakeholders including Securities and Exchange Board of India (SEBI), Indian Bureau of Mines (IBM), Geological Survey of India (GSI), Society of Geoscientists and Allied Technologists (SGAT), Geological Society of India (GS), and leading private and public sector mining companies.  The National Committee for Reporting Mineral Resources and Reserves in India (NACRI) was formed as an independent body on 19^th November 2015 under the guidance of MEAI.

The leading mine owners’ body in India representing the mineral industry viz. Federation of Indian Mineral Industries (FIMI), Mining Geological and Metallurgical Institute of India (MGMI), SGAT[1], GS and later The Associated Chambers of Commerce and Industry of India (ASSOCHAM) came forward in support of this initiative. Professionals from leading public and private sector mining companies, prominent consulting companies and premier academic institutions came on board and endorsed this national mission.