Coal India Ltd.

Coal India is all set to hire 25,000 workers over the next five years, while three times as many workmen employed by the state run miner are scheduled to retire during the same period. The move is expected to increase its productivity by two fold per employee and reduce cost of production by about 10 per cent. The average age of the company’s employees will decrease from 50 to 45 over the next five years following the net reduction of 50,000 workmen.

Currently, Coal India has a staff of 3.45 lakh, of which about 40,000 are officers and the rest workmen. The company will recruit 5,000 workmen every year for the next five years while 15,000 will retire.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.