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India cuts coal imports by 9%, saves $6.93 billion in forex

May 14, 2025, 09:10 AM - 4 min read

India reduced its coal imports by over 9 per cent in the first 11 months of FY25, saving approximately $6.93 billion in foreign exchange. This decline reflects the government’s efforts to boost domestic production and reduce dependency on overseas coal, according to the Ministry of Coal.

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