Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Domestic steel sector forecasted 10% CAGR
The Business Guardian
|September 21, 2024
The domestic steel sector growth will outpace the country's real GDP growth in the coming years, says a report by Anand Rathi.
-
The growth in domestic steel will be driven by rapid urbanisation and an increase in public-private capital expenditure (capex). The sector is expected to grow at a compounded annual growth rate (CAGR) of 8-10 per cent from the financial year (FY) 2024 to FY30, surpassing GDP growth during this period.
By the financial year 2030, India is forecasted to produce 210-220 million metric tonnes of steel, while domestic consumption is expected to reach 190-210 million tonnes.
The report adds that the Indian steel industry has shown resilience despite the global headwinds affecting the commodity sector.
Dit verhaal komt uit de September 21, 2024-editie van The Business Guardian.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Business Guardian
The Business Guardian
Real-time payments growth to slow to 4%: BCG
Real-time A2A payments are gaining critical mass, and their growth is likely to moderate at 4 per cent annually over the next five years, noted a research report by Boston Consulting Group (BCG).
2 mins
September 23, 2025
The Business Guardian
GST reform, a transformative step towards Aatm Nirbharta: Ministry of Coal
The Ministry of Coal has welcomed the decisions taken at the 56th meeting of the GST Council held in New Delhi, which have brought significant changes to the taxation structure of the coal sector.
2 mins
September 23, 2025
The Business Guardian
CM REKHA ASKS KEJRIWAL TO STOP WATCHING REELS, FOCUS ON PUNJAB
Delhi CM Rekha Gupta tells Kejriwal to prioritize Punjab flood relief efforts.
1 min
September 23, 2025
The Business Guardian
IPSA Leads in India with QCO-Ready Hinges and Drawer Slides
IPSA Business India Pvt Ltd today announced that it is among the first hardware brands in India to actively prepare for Quality Control Order (QCO) compliance in cabinethingesand drawer slides.-The company aligns with BIS, EN, and ISO standards in line with the Government of Indias
1 min
September 23, 2025
The Business Guardian
US exports may drop as full 50% tariffs start in September: GTRI
India’s exports to the United States are showing signs of further decline as September marks the first full month under 50 per cent tariffs on key products, according to a report by GTRI.
1 min
September 23, 2025
The Business Guardian
GST exemption...
GST exemption...
1 mins
September 23, 2025
The Business Guardian
CM Rekha gets her health checked at AIIMS health camp
A mega health camp was organized at AIIMS, Delhi, under the “Swasth Nari, Sashakt Parivar Abhiyan” campaign.
1 min
September 23, 2025
The Business Guardian
GIBF Organises grand India-Africa Business Conclave in Pune
The 3rd edition of the India-Africa Business conclave was held at the Grand Heritage Resorts in Pune.
1 min
September 23, 2025
The Business Guardian
Nifty down, Sensex loses 300 points in opening
Indian stock markets opened lower on Monday as volatility increased after the Trump administration in the US announced significant changes in the H-1B visa policy.
1 min
September 23, 2025
The Business Guardian
Fuel your Navratri fast with these energizing and hydrating drinks
Navratri is a time of spiritual renewal, celebration, and sattvik (pure) living. While food often gets the spotlight during fasting, beverages also play an essential role in keeping you hydrated, energized, and refreshed through the nine auspicious days. With temperatures still soaring in many parts of India during early Navratri, especially in Rajasthan and northern states, staying cool is vital.
3 mins
September 23, 2025
Listen
Translate
Change font size