Digging Deep for Growth: The Coal India-Chhattisgarh Partnership that Could Change the Game

Coal India Limited (CIL) and Chhattisgarh Mineral Development Corporation Ltd. (CMDC) have recently entered into a Non-Binding Memorandum of Understanding (MoU) to collaborate on the exploration and exploitation of critical minerals and other minerals of mutual interest. This development is a part of CIL's broader strategy to diversify beyond coal and strengthen India's mineral security, aligned with national goals of self-reliance in critical mineral resources.

 

Key highlights of this collaboration include:

This collaboration signifies a forward-looking approach by Coal India and the Chhattisgarh government to leverage the state's abundant mineral wealth to support India's transition to a sustainable and self-sufficient industrial future.

 

Source: Indian Masterminds