India Steel Sector Report FY2025 Q1

The Indian steel sector is a key pillar of the nation's economy, playing a vital role in industrial growth, infrastructure development, and job creation. With a strong foundation of abundant raw materials like iron ore and affordable labour, the industry has been a major contributor to India's manufacturing output. Significant investments and technological advancements have further enhanced its global competitiveness. As of 2023, India is the world's second-largest producer of crude steel and has maintained its position as the largest producer of sponge iron since 2003, with coal-based production accounting for 78% of the total in 2021. The sector has consistently focused on modernizing its steel mills and improving energy efficiency, contributing to reduced imports and establishing India as a net exporter of pig iron. Additionally, a favourable policy environment has attracted considerable foreign investment, with the metallurgical industries securing FDI inflows of USD 17.51bn between April 2000 and March 2024. These factors underscore the steel sector's integral role in driving India's economic progress and its growing global presence.

This report provides a complete and detailed analysis of the "Metals production" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Metals production" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors