India's Coal Imports Increase by 5% to 52 Million Tonnes in April-May

08 Jul 2024 CW Team

India's coal imports increased by 5.3% to 52.29 million tonnes (MT) in the first two months of the current fiscal year compared to the same period last year. The data, compiled by mjunction services, indicated that the country had imported 49.62 MT of coal in April and May of FY24.

However, there was a slight decline in coal imports in May, dropping to 26.19 MT from 26.57 MT a year earlier.

According to mjunction services ltd, there was a decrease of 1.43% compared to the 26.57 MT imported in May 2023.

Vinaya Varma, MD and CEO of mjunction, mentioned that demand for imports is likely to stay low in the coming weeks due to the monsoon onset, while domestic production growth is expected to remain robust.

Additionally, it was anticipated that coking coal prices in the international market would rise due to supply constraints, potentially affecting interest from buyers in India.

In May, non-coking coal imports totaled 17.53 MT, down from 18.10 MT the previous year. Coking coal imports amounted to 5.03 MT, compared to 5.10 MT in May 2023.

Coal India is responsible for more than 80% of domestic coal production.

Following his appointment as coal and mines minister, G Kishan Reddy emphasized the need for India to boost domestic coal production and reduce reliance on imports.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..