India’s coal imports rose 5.7% to 75.26 million tonnes (MT) in Q1 FY24, up from 71.16 MT in the same period last year. June imports were up 6.59% to 22.97 MT. Non-coking coal imports increased while coking coal imports remained stable. Despite the rise, future import demand may be subdued due to slower industrial activity. Investors should watch for potential impacts on the coal sector and related industries.
