Factor Analysis for Technology Management and Its Effectiveness in Indian Opencast Coal Mining

Author:

Pd Sinha Anand,Choudhary Neha,Rai Rahul,Kumar Asthana Ashok,Chandra Jha Praveen

Abstract

Coal holds utmost significance as a natural energy source propelling a nation’s industrial sector growth. Besides refining coal quality through adept mine technology management, contemporary mining grapples with multifaceted challenges encompassing human resettlement, land reclamation, forest preservation, pollution abatement, and efficient logistics. The coal mining sector serves as a tangible example where technology management assumes real-world importance. Despite adopting state-of-the-art methodologies, open-pit coal mining trails global standards. India’s coal industry faces persistent struggles in accessing suitable domestic coal, relying on imports despite considerable technological strides. Beyond augmenting production capacity or product innovation, technology innovation concepts empower Indian enterprises to reshape their industries. Technology management research within mining remains in its infancy, necessitating a comprehensive grasp of its implications on internal operations and strategic alignment for global competitiveness and effective technology leadership. This study aims to dissect the integral facets imperative for proficient technology management within opencast coal mining domains.

Publisher

IntechOpen

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