DUBLIN, Nov 12, 2010 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/a80c5c/indian_coal_indust) has announced the addition of the "Indian Coal Industry Forecast to 2013" report to their offering.
Indian coal industry is considered to be one of the largest in terms of reserve base and production level. The domestic coal industry has gained significant momentum in the past few years. The industry is mainly dominated by the government owned PSUs like Coal India Ltd, which contributes more than 80% of the overall domestic coal production. The industry has attracted various government concerns and investments in the past few years. Despite its huge resource base, India has not been able to minimize its coal deficit and still depends on imports, which are anticipated to grow in coming years.
According to our research report Indian Coal Industry Forecast to 2013, Indian coal demand is continuously rising on the back of high demand from major coal consuming sectors like Power, Cement, and Steel. It is anticipated that the demand for thermal coal and coking coal by the power and steel sectors respectively, will show a tremendous momentum in near future. Apart from this, the government concern to develop CBM/CMM block in the country will further spur the demand for black material in coming years.
The Indian coal market is set to witness great boost in near future on the back of rising government initiatives. Recently, de-allocation of coal blocks and stake sales in PSU are some of the major steps that were taken by the government to boost the production and investment in the coal industry. Further, presence of vast opportunities in coal washeries is also encouraging players to invest in coal washeries.
The report also provides detail information on key players of the industry, which will enable clients to understand the market share and growth prospects.
Besides, it provides intensive details about the current trends prevailing in the industry and future growth potential. With huge coal reserves, growing industry demand and the government support, coal production in the country is expected to grow at a CAGR of around 8% during 2010-11 to 2012-13.
Key Topics Covered: 1. Analyst View 2. India's Stand in Global Coal Industry 3. Indian Coal Industry Performance 4. Coal-based Potential Areas 5. Government Initiatives 6. Industry Trends 7. Key Players List of Tables List of Figures Companies Mentioned: Coal India Ltd. Singareni Collieries Company Ltd. Neyveli Lignite Corporation Ltd.
For more information visit http://www.researchandmarkets.com/research/a80c5c/indian_coal_indust SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager, email@example.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2010 -0- KEYWORD: India
Asia Pacific INDUSTRY KEYWORD: Energy