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India will hold the top spot till 2030, HSBC said.
Known as China’s “coal sea”, Xinjiang is set to become China’s next major base for coal production.
The non-manufacturing purchasing managers' index (PMI) rose to 55.4 per cent in September.
The $12 billion steel plant project in Odisha is touted as India's biggest single foreign direct investment.
Moscow wants some 70 remaining restrictions currently imposed on local companies to be lifted.
Brazil currently produces about two million barrels per day nationally.
The power plant is expected to generate 700 megawatts of power for Africa's most populous country.
Both sides have fixed a bilateral trade target of $100 billion by 2015.
Indian oil minister is looking for cuts of up to $25 billion in the country's oil bill.
The Latin American nation has maintained its growth forecast for this year at 2.4 per cent.