Indias coal imports drop 17 yearly amid soaring prices

28 Dec 2023 CW Team

India has witnessed a substantial 17 per cent year-on-year reduction in coal import volumes due to escalating prices, according to the latest data. The report, featured in the LSEG Workspace edition, highlights the economic challenges posed by the surge in coal prices.

The decline in coal imports reflects the impact of the global energy market dynamics on India's coal sector. Rising prices have prompted a strategic shift, with the nation exploring alternative measures to meet its energy needs. This reduction in imports signifies a concerted effort to navigate the economic landscape while prioritising cost-effectiveness and sustainability.

The data underscores the importance of monitoring and adapting to fluctuations in global commodity prices, as they directly influence the economic decisions of nations heavily reliant on energy imports. India's response to the changing coal market landscape aligns with its commitment to optimising resource utilisation and exploring avenues for energy independence.

As the country grapples with the economic implications of reduced coal imports, the situation emphasises the need for a comprehensive energy strategy that considers both domestic production and international market dynamics. The data suggests that India is actively recalibrating its energy portfolio to address the challenges posed by the evolving global energy landscape.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..