Tatas & Reliance have the technology to convert coal into crude oil at a cost of about US$ 60 a barrel (half the prevailing international price). India has one of the largest coal reserves in the world. Then what is preventing them to venture into this and save enormous foreign exchange to the country? Your views?
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Indian policy makers are just sleeping in these developmental issue, they are unable to use the option like "Power Alcohol" which will not only saving the Foreign exchange but also favorable to sugar cane producers of India at large