Coal India to hire around 800 execs

On a hiring spree, state-owned Coal India Ltd is likely to take on board around 800 executives in the next two months.

For the long term, the government is in the process of formulating strategies to almost double Coal India's output to 1 billion tonnes over the next five years.

"CIL will hire 800 executives in the next two months," said an official.

As for the long term hiring plans, the official said they are under formulation.

The executives would be hired for various divisions of the public sector firm including human resources, finance, marketing and sales, he said. The world's top coal producer, which accounts for over 80 per cent of the domestic production, has a workforce of over 3 lakh.

CIL, which missed the production target of 462 million tonnes (MT) last fiscal, has to achieve an output of 507 MT in 2014-15.