Likewise India, which seemed poised to overtake China as the world's biggest coal importer, may also slow its overseas purchases, because - much to the surprise of many - state-owned Coal India (Other OTC: CLNDY - news ) seems to be making progress towards meeting a target of 1 billion tonnes of local production by 2020.
What is the relationship between 'Coal India' and 'coal' in the context of the input sentence.
Options: legal form, product/material produced, stock exchange, currency