Coal India Expands into Graphite Mining with New Project

22 Jul 2024 CW Team

Coal India Limited (CIL) is venturing beyond its traditional coal mining operations with the launch of a new graphite mining project. This strategic move marks a significant diversification for the state-owned company, aiming to tap into the growing demand for non-coal minerals.

The new project, based in the eastern region of India, will focus on the extraction and production of high-quality graphite. This mineral is crucial for various industries, including battery manufacturing, electronics, and automotive sectors, particularly as the world shifts towards electric vehicles and renewable energy solutions.

By entering the graphite market, Coal India is aligning with global trends and positioning itself to benefit from the rising demand for critical raw materials. The company plans to leverage its existing infrastructure and expertise to efficiently manage the new venture, ensuring that it meets industry standards and sustainability goals.

The graphite project is expected to contribute significantly to Coal India's revenue streams and reduce its dependence on coal alone. This diversification effort also reflects the company's commitment to adapting to market changes and exploring new growth opportunities.

CIL's foray into graphite mining is part of a broader strategy to enhance its role in the mineral sector and support India's transition to a more sustainable and technologically advanced economy. With this initiative, Coal India aims to strengthen its position in the global mineral market while contributing to the country's industrial growth.

In summary, Coal India's expansion into graphite mining represents a pivotal shift in its business strategy, offering new prospects for growth and diversification.

Infrastructure Urban

03 Nov 2025

VE Commercial Vehicles Reports 13.2% Sales Growth in October

VE Commercial Vehicles (VECV)—a joint venture between Volvo Group and Eicher Motors—recorded sales of 8,050 units in October 2025, up 13.2 per cent from 7,112 units in October 2024. The tally includes 7,771 Eicher brand units and 279 Volvo brand units. Eicher-branded trucks and buses posted sales of 7,771 units in October 2025 against 6,911 units a year earlier, reflecting 12.4 per cent growth. In the domestic market, Eicher sold 7,070 units compared with 6,611 units in October 2024—a rise of 6.9 per cent. On the exports front, VECV achieved a robust increase, selling 701 units versus ..

BorgWarner Batteries to Power HOLON’s Autonomous Shuttle

BorgWarner, a global leader in sustainable mobility solutions, has secured a contract to supply its advanced battery system for the new HOLON urban—a 15-seater, Level 4 autonomous, fully electric shuttle developed by the BENTELER Group. This marks BorgWarner’s first contract for an autonomous vehicle battery system in North America. Each shuttle will feature two lithium nickel manganese cobalt oxide (NMC) 5AKM 157 cylindrical cell battery packs, each equipped with an integrated, replaceable contactor box and a multi-pack controller. The 57 kWh battery packs feature a modular design, stain..

AtoB to Acquire India’s LogiPe in Global Fleet Fintech Expansion

LogiPe, a leading Indian fintech specialising in real-time payments and fleet solutions, has announced its upcoming acquisition by AtoB, a global financial services company transforming fleet payments and spend management. The move aims to strengthen AtoB’s worldwide capabilities in delivering next-generation financial services for fleet owners and operators. Founded in 2022, LogiPe works with over 10,000 fleet owners across India, offering prepaid card-based payment solutions to logistics players such as Bigstock Logistics and Instant Transports. The company pioneered real-time payments an..