Steel capacity expansion approvals hit 50 mnt in FY26
pre-market1 source ↓written by the desknot a recommendation
- for FY26
- 50 mnt
- 74.8 have received
- 37.66 mnt
- 12.68 mnt
India's steel capacity expansion approvals have reached 50 mnt for FY26, indicating a significant acceleration in project pipelines. Of these, 37.66 mnt (74.8%) have received environmental clearance, while 12.68 mnt are at the consent to establish stage. This trend highlights a shift towards large-scale greenfield projects, crucial for future operational capacity.
Not investment advice. For informational purposes only.