India's iron and steel industry growth driven by expansion
after close1 source ↓written by the desknot a recommendation
- aims to reach
- 200 MTPA
- by 2030-31
- 300 MTPA
- by 2047
- 500 MTPA
- investments
- ₹17 lakh cr
India’s iron and steel industry is set for long-term growth fueled by capacity expansion, urbanization, and a shift towards green steel production. Current crude steel capacity of 200 MTPA aims to reach 300 MTPA by 2030-31 and 500 MTPA by 2047, requiring investments of nearly ₹17 lakh cr. This growth positions India as a key player in the global steel market.
Not investment advice. For informational purposes only.