Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
* India: Competition with China enters new phase, Amitabh Dubey, 3 Aug 2017
* India: Smooth GST rollout masks important risks, Shumita Sharma Deveshwar, 27 Jul 2017
* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

See all our India research >>

Scouting for black diamonds

Overview

Finally loosening its decades-long chokehold on domestic coal, India is slowly deregulating the sector to try to ward off a supply crunch resulting from years of underinvestment. The government is awarding a larger number of coal blocks to private companies for captive mining and is modifying its policies to establish a more competitive coal market.

But reforms are far from keeping pace with the rising requirements for coal to fuel India’s economic growth surge. Political...

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