India Records 9.2% Drop in Coal Imports During April 2024–February 2025
In a significant development toward India’s energy self-reliance, coal imports during the period from April 2024 to February 2025 registered a 9.2% decline compared to the same period of the previous fiscal year. Total imports fell to 220.3 million tonnes (MT) from 242.6 MT, resulting in substantial foreign exchange savings. The drop reflects India’s strategic emphasis on increasing domestic coal production, particularly under initiatives like Commercial Coal Mining and Mission Coking Coal.
The Ministry of Coal reported that coal imports decreased by 9.2% in the April–February period of FY 2024–25, leading to foreign exchange savings of $6.93 billion. The reduction is significant as it indicates progress in India’s mission to reduce import dependency and enhance energy security through domestic coal production initiatives.
Historically, India imports high-grade thermal and coking coal, mainly due to,
Summary/Static | Details |
Why in the news? | India Records 9.2% Drop in Coal Imports During April 2024–February 2025 |
Period of Data | April 2024 to February 2025 |
Total Coal Imports | 220.3 million tonnes (MT) |
Year-on-Year Change | -9.2% compared to 242.6 MT last year |
Forex Savings | $6.93 billion (₹53,137.82 crore) |
Growth in Domestic Coal Output | +5.45% |
Sector with Major Import Drop | Non-Regulated Sector (-15.3%) and Power Blending (-38.8%) |
Key Government Initiatives | Commercial Coal Mining, Mission Coking Coal |
Broader Goal | Energy Security, Import Reduction, Economic Sustainability |
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