In this study, hyperspectral datasets are simulated from multispectral data using a spectral reconstruction approach which is a sensor-independent technique. This technique makes use of information from atmospherically corrected multispectral Remote Sensing (MRS) data and normalized ground spectra for the simulation of HRS data. In this study EO-1, the ALI dataset was used for the simulation of hyperspectral Remote Sensing (HRS) data to discover the Udaipur region’s unique minerals. A total of 61 spectral bands with 10 nm bandwidth were simulated. The simulated HRS data were validated using visual interpretation, statistical and classification approaches. Simulated HRS data from EO-1 Advanced Land Imager (ALI) has shown a high correlation with EO-1 Hyperion data. Spectral Angle Mapper (SAM) classification was also performed on simulated hyperspectral data for mineral mapping. It was observed that simulated hyperspectral data have shown comparable results with Hyperion and are better than their corresponding multispectral datasets.