The reason behind TATA interest in Australian coal, is because...

The reason behind TATA interest in Australian coal, is because the Indian Government recently removed the mining licences from around 80% of India's coal miners, because those licences were obtained by fraud. The previous Indian Government handed them out to cronies and the like, as political favours, rather than by the auction system. The new government is auctioning them off, and supposedly putting the received funds into consolidated revenue. All this will take time, and TATA wants to ensure a steady supply of coal while all this takes place. To them Australia seems a safe place, no corruption, steady supply, a legal system and government they can trust and rely on. Makes good business sense to me, and good luck to them.