India may split units of Coal India to boost output

India may split units of Coal India to boost output

A worker unloads coal from a truck inside a coal yard at Saroda village in Gujarat July 5, 2014. REUTERS/Amit Dave/Files

India may spin off units of Coal India Ltd., the world’s largest coal miner, into separate listed companies to boost competition and raise government funds, according to people with knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter