India's steel capacity and production targets
India plans to set a 600 million tonne steelmaking capacity target by 2047 and a 500 million tonne consumption target in a new national steel policy. The policy will include a ₹5,000 crore scheme for small producers, linking incentives to output and lower carbon emissions.
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Timeline
Tuesday, 29 September
- New steel policy to target 600 MT capacity, 500 MT consumption: Steel secy
New steel policy targets 600 MT capacity and 500 MT consumption
- India targets 600 million tonnes of steel capacity by 2047 in new policy
The government will soon unveil a new national steel policy
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