Indian Coal Industry Forecast to 2013
Indian coal industry is considered to be one of the largest in terms of reserve base and production level. The domestic coal industry has gained
significant momentum in the past few years. The industry is mainly dominated by the government owned PSUs like Coal India Ltd, which
contributes more than 80% of the overall domestic coal production. The industry has attracted various government concerns and investments in
the past few years. Despite its huge resource base, India has not been able to minimize its coal deficit and still depends on imports, which are
anticipated to grow in coming years.
According to our research report “Indian Coal Industry Forecast to 2013”, Indian coal demand is continuously rising on the back of high demand
from major coal consuming sectors like Power, Cement, and Steel. It is anticipated that the demand for thermal coal and coking coal by the
power and steel sectors respectively, will show a tremendous momentum in near future. Apart from this, the government concern to develop
CBM/CMM block in the country will further spur the demand for black material in coming years.
The Indian coal market is set to witness great boost in near future on the back of rising government initiatives. Recently, de-allocation of coal
blocks and stake sales in PSU are some of the major steps that were taken by the government to boost the production and investment in the coal
industry. Further, presence of vast opportunities in coal washeries is also encouraging players to invest in coal washeries.
The report also provides detail information on key players of the industry, which will enable clients to understand the market share and growth
prospects. Besides, it provides intensive details about the current trends prevailing in the industry and future growth potential. With huge coal
reserves, growing industry demand and the government support, coal production in the country is expected to grow at a CAGR of around 8%
during 2010-11 to 2012-13.
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