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2 clusters · 3 sources · 22 days · First seen · Last updated
India steel industry expansion and capacity growth
Overview
India is expanding its steel production capacity and consumption in alignment with the National Steel Policy. As of June 2026, crude steelmaking capacity reached approximately 222 million tonnes per annum (MTPA), moving toward a target of 300 MTPA by 2030. Key developments include the expansion of the Bhilai Steel Plant and the commissioning of a slurry pipeline to the Bokaro Steel Plant.
Projections indicate that steel consumption will reach 192 million tonnes by 2030, driven largely by the infrastructure and construction sectors. The industry is increasingly focusing on specialty steel for electric vehicles and renewables, supported by the government’s Production-Linked Incentive scheme.
There is also a significant emphasis on sustainability through the Green Steel Initiative and efforts to reduce carbon intensity. At the regional level, Chhattisgarh has announced plans to increase its state production capacity from 28 million tonnes to 45 million tonnes, aiming to become a hub for green steel production.
Entities
Chhattisgarh State Industrial Development Corporation · Chhattisgarh · Vishnu Deo Sai
Timeline
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30 days ago
[BUSINESS] 3 sourcesIndia steel consumption projected to reach 192 million tonnes by 2030India's steel consumption is expected to hit 192 million tonnes by 2030, driven by infrastructure and specialty steel, while Chhattisgarh aims to increase production to 45 million tonnes with a focus on green's
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about 2 months ago
[BUSINESS] 5 sourcesIndia's Steel Production Capacity Reaches 222 MTPA, Targets 300 MTPA by 2030India’s crude steel capacity rose to 222 MTPA in June 2026, advancing toward a 300 MTPA target for 2030, supported by Bhilai’s expansion, a new Bokaro slurry pipeline and green‑steel certifications.
Sources
mangalorean.com · newsable.asianetnews.com · thefinancialworld.com