Indian Economy News

India crosses one billion tonnes coal output; Prime Minister Mr. Narendra Modi says proud moment for country

  • IBEF
  • March 24, 2025

India has achieved a historic milestone, surpassing one billion tonnes of coal production in FY24, reinforcing its commitment to energy security and self-reliance. The country produced 997.83 million tonnes of coal during the fiscal year, marking a significant step towards reducing import dependence and strengthening domestic energy supply. Prime Minister Mr. Narendra Modi hailed this achievement as a proud moment for India, acknowledging the efforts of those in the coal sector. Coal remains the primary energy source for the world's fifth-largest economy, supporting electricity generation and multiple industries. 

The Ministry of Coal has set an ambitious target of 1,080 million tonnes for FY25, aligning with the nation's sustainable mining and economic growth vision. Union Minister of Coal and Mines, Mr. G. Kishan Reddy, highlighted that this achievement underscores India's focus on modern mining technologies and improved coal extraction efficiency. With continued policy support, investment in infrastructure, and advanced mining practices, India is poised to enhance domestic production further while ensuring a reliable energy supply to meet its growing industrial and economic demands. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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