New Delhi, April 15 -- India has the full potential to overtake Brazil and China in iron ore production and become the world's second largest producer, said Vedanta Group Chairman Anil Agarwal.

In a social media post, Agarwal shared his thoughts on India's strong position and future in the global iron ore market.

He said, "It is difficult to imagine life without iron and steel, which is made from iron. Our homes, our vehicles, our gadgets, all require iron and steel. Today, India is the 4th largest producer of iron ore in the world, with a total output of 270 million tonnes per year. Only Australia, Brazil & China produce more."

Agarwal believes that India has the capacity to increase its iron ore production significantly.

"Given our ...