A 16-member business delegation
from Down Under is currently in the city as a part of Australia-India Business Exchange 2020 and exploring collaboration opportunities in the mining industry of Eastern India, officials said.
The government last year allowed 100 per cent foreign investment in coal mining.
Coal India Ltd also seeks to ramp up production to one billion tonnes by 2024 advancing the target by two years offering greater opportunities for mining technology and equipment companies.
Coinciding with the visit of the Australian delegation, a panel discussion titled "India's mining industry
Targets, Reforms and Roadmaps" was organised by the Australian Trade and Investment Commission.
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