INDIA'S STEEL INDUSTRY OUTLOOK 2025: GROWTH AMID GLOBAL HEADWINDS
- Credit Rating Agency in India
- Industry Report
- INDIA'S STEEL INDUSTRY OUTLOOK 2025: GROWTH AMID GLOBAL HEADWINDS
The Indian steel industry is poised for significant growth, driven by increasing demand from various sectors. To remain competitive, steel companies will need to focus on – sustainability, innovation, cost optimization, and diversification.
India’s steel industry stands at a critical juncture – sustained by strong domestic demand and policy support, yet challenged by global uncertainties, import pressures, cost volatility, and the urgent need for green transition. While the sector has demonstrated resilience with consistent growth in crude steel production and capacity expansion, sustaining momentum toward the 2030 target of 300 million tonnes will require coordinated efforts across policy, industry, and investment fronts.