The Investment Commission of the Indian government has been evaluating coal to liquids (CTL) technology and came to the conclusion that it's feasible for India and should be pursued. Chairman Ratan Tata has met with the Prime Minister and urged the start of a CTL industry. Based on the expectation that ninety percent of future oil needs will be imported and there won't be enough new domestic oil found, at least 4-5 CTL projects should be started. Most of the fuel produced should be diesel along with some naptha and natural gas. Follow the link for some more information.
[Source: GreenCarCongress]


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