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India to Achieve Steel Production Capacity of 300 m Tonnes by 2030
The Statesman Siliguri
|April 21, 2025
India is on a trajectory to achieve steel production capacity of 300 million tonnes (MT) and a per capita consumption of 160 kg by 2030, according to the government.
In FY25 (April to December period), the production of crude steel stood at 110.99 MT and finished steel stood at 106.86 MT.
Also, the production-linked incentive (PLI) scheme 1.1 for specialty steel has witnessed investment commitments worth Rs 17,000 crore in the second round, according to the government.
The expansion of the scheme is expected to further enhance India's global competitiveness in specialty steel production.
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