The existence of a monopoly in coal mining is the primary reason behind India’s coal imports. Coal India is the only government-accredited coal mining company in India. Despite the government’s efforts, the annual production from Coal India has been insufficient to meet India’s energy generation needs. From steel plants to fertilizer industries, coal is the sole driver of growth for Indian enterprises.

Moreover, there are specific factors that limit India’s coal production. The MD of Agarwal Coal, Vinod Aggarwal, is streamlining India’s coal imports. With his leadership skills and fine business acumen, the company has been able to meet the demands of thermal coal.