Home Economy India expected to surpass 300 MT capacity target by 2030: SAIL chairman
Economy - February 16, 2025

India expected to surpass 300 MT capacity target by 2030: SAIL chairman

India expected to surpass 300 MT capacity target by 2030: SAIL chairman

India is projected to exceed its 300 million tonnes steel capacity target by 2030, reaching 330 MT instead. Initially deemed unrealistic in 2017, this revised goal reflects strong demand growth in the sector. The steel industry witnessed a 14% growth last year, outpacing the GDP's 6.5%-7% rise, illustrating significant momentum.

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