India targets 300 MT steel capacity by 2030
The Indian government aims for 300 million tonnes of steel capacity by 2030, focusing on green steel and raw material security. Strong demand from infrastructure and automotive sectors supports this growth, backed by government initiatives.
after close1 source ↓written by the desknot a recommendation
- installed capacity
- 300 million tonnes
- 2030
The Indian government is prioritizing steel capacity expansion and raw material security to achieve an installed capacity of 300 million tonnes by 2030. Focus areas include low-carbon technologies and green steel production to meet domestic and export demands.
Key drivers include robust demand from infrastructure, housing, and automotive sectors, supported by initiatives like PM Gati Shakti and Make in India. 📈
Not investment advice. For informational purposes only.