India’s coal exports surged 23.4% year-on-year to 1.908 million tonnes (MT) in FY2024-25, marking a significant increase as the government pushes to tap growing global demand for fossil fuels.
According to provisional government data, coal exports stood at 1.546 MT in FY2023-24.
In value terms, exports were pegged at ₹1,828.2 crore in FY25, compared to ₹1,643.4 crore in FY24.
India primarily exports coal to Nepal, Bangladesh, and Bhutan, with studies suggesting an export potential of up to 15 million tonnes to neighbouring countries.
The country is estimated to have the capacity to export:
8 MT to Bangladesh
3 MT to Myanmar
2 MT to Nepal
2 MT to other regional markets
The government’s strategy focuses on promoting exports, boosting domestic production, and reducing import dependence to strengthen energy security and achieve self-reliance in the coal sector.
Officials believe the increase in coal output and exports will drive economic growth, create employment, and generate additional revenue for the exchequer.
Reducing imports while expanding exports is seen as a key step in insulating India from global price volatility and ensuring a more stable energy supply.