Gujarat mining PSU GMDC tweaks its customer segmentation process to support MSMEs

Ease of Doing Business for MSMEs: The Gujarat government’s mining public sector unit (PSU) Gujarat Mineral Development Corporation (GMDC), which is said to be the largest lignite seller in the country, on Wednesday announced segmenting its customers according to their MSME status (or turnover based). Earlier, the company segmented customers based on their ‘lignite lifting’ capacity. “Financial capability will be considered in revised customer segmentation,” the company said in a statement.

Lignite is often referred to as brown coal and is reportedly the lowest grade coal with the least carbon concentration. The coal is used by small scale enterprises as fuel for their production activities.