Growth is one of the primary objectives of an enterprise. Achieving growth is one thing and sustaining growth is another as also achieving sustainable growth is yet another thing. In this context, it is to be noted that growth is essentially a multidimensional concept as it can refer to many a factor such as : output, sales turnover, profits and its rate, product range and diversification, employment, capital, or it could also refer to the ratios like productivity, profitability and so on; or it could also be a combination of these elements since they are interrelated. In this paper, it is considered in a narrow sense, referring mainly to the physical output of an enterprise. This refers to the coal mining industry in A.P.