- India targets 300 MT steel capacity and 160 kg per capita consumption by 2030
- ₹17,000 crore investments committed under PLI Scheme 1.1 for specialty steel
- ‘India Steel 2025’ in Mumbai to attract global delegates and boost partnerships
India is charting an ambitious path to reach a steel production capacity of 300 million tonnes by 2030. Along with this, it aims to raise per capita consumption to 160 kg.
The upcoming India Steel 2025 event in Mumbai is poised to become a global platform for collaboration, innovation, and trade. With participation from global dignitaries, international buyers, and key industry players, the event aims to drive forward discussions on technology transfer. It will also focus on supply chain resilience, and India’s role in the evolving global steel ecosystem.
Steel Powerhouse: India’s Bold Push Toward Global Steel Leadership
India’s steel industry is on a strong growth trajectory, targeting a production capacity of 300 million tonnes by 2030. The government has placed a sharp focus on increasing domestic consumption while building infrastructure to support such large-scale output.
One of the most significant drivers of this growth is the Production-Linked Incentive (PLI) Scheme 1.1 for specialty steel. The second round of the scheme has garnered investment commitments worth ₹17,000 crore, indicating robust private sector confidence.
India Steel 2025, a major global steel event set to take place in Mumbai, will showcase India’s policy reforms and infrastructure push. It is also expected to serve as a hub for international cooperation. There will be participation from countries such as Russia, South Korea, and Australia.
Sessions during the event will focus on joint research, technological collaborations, and de-risking supply chains. The Reverse Buyer-Seller Meet will create business opportunities by connecting international buyers with Indian steel producers, fostering cross-border partnerships.
With a solid investment framework, growing global interest, and a visionary outlook, India is poised to reshape its steel sector. It will emerge as a competitive force on the world stage.
“Steel is the backbone of a nation’s infrastructure and industrial growth.” – Narendra Modi
