India Likely to be the Largest Coal Importer in 3-5 Years
From The Economic Times
With coal supply issues plaguing the domestic economy, the country is likely to surpass China as the largest importer of coal in the next 3-5 years, an official of Platts McGraw Hill Financial said today.
“India is likely to be largest importer of coal in the next 3-5 years, surpassing China,” Editor-in-Chief for coal in Platts McGraw Hill Financial James O’Connell told reporters here.
Currently, the country is the second largest importer of the commodity to feed its burgeoning energy needs and had imported around 135 million tonnes of coal in the last fiscal.
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