India Cuts Coal Imports by 8 per cent, Saves Rs 660 Billion

28 May 2025 CW Team

India’s coal imports fell by 7.9 per cent in the financial year 2024–25, totalling 243.62 million tonnes compared to 264.53 million tonnes in the previous year. This decline resulted in foreign exchange savings of approximately $7.93 billion (around Rs 606.8 billion), reflecting a concerted national push toward coal self-sufficiency.

The Non-Regulated Sector—excluding the power sector—recorded an even sharper drop of 8.95 per cent year-on-year. While coal-based power generation rose by 3.04 per cent, coal imports for blending in thermal power plants decreased significantly by 41.4 per cent, highlighting India's improved domestic availability.

This shift is the result of sustained efforts by the Government of India to enhance indigenous production through initiatives like Commercial Coal Mining and Mission Coking Coal, which collectively contributed to a 5 per cent growth in domestic output during the year.

Coal remains a cornerstone of India’s energy mix, powering industries such as electricity, steel, and cement. Yet, supply gaps in coking coal and high-grade thermal coal have historically necessitated reliance on imports. The Ministry of Coal continues to implement strategic reforms to minimise this dependence and secure long-term energy resilience.

By prioritising domestic resource development and aligning with the vision of Viksit Bharat, India is progressively building a self-reliant, sustainable energy ecosystem to support robust economic growth.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..