India's Dual Narrative: Growing Coal Mining Investments Amid Energy Transition

NEW DELHI--July 23, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Coal remains an indispensable part of India's energy mix and its demand continues to rise rapidly. In spite of being the second-largest coal producer in the world, India still imports about 21% of its coal needs. Industries such as power generation, cement and steel in India largely depend on coal for their energy requirements. With demand projected to climb up by 3.5% annually until 2026, India aims to further boost its coal output to meet the growing domestic demand while reducing imports.