Coal output trend: Coal India production drops 9.8% in October; offtake weak amid post-monsoon slowdown

Coal India Limited experienced a nearly 10% drop in production during October, reaching 56.4 million tonnes, as operations faced a slump due to weak demand and post-monsoon issues. Coal offtake also saw a decline of 5.9%. For the April-October period, output fell 4.5% year-on-year. Sanoj Kumar Jha has taken over as interim Chairman-cum-Managing Director.