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.
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GOING WITHIN AND GOING BEYOND
There are many times when we are involved in scenes and situations that we would rather not be in, and the feeling is to go beyond all the complications and be free.
Think of the reality you want
When I create powerful thoughts and repeatedly think them each day, they become my reality in the same way that weak thoughts that I have consistently reiterated, year in and year out, have brought me to where I am, perhaps feeling stressed and anxious. We do not just have to accept the truth of this, we can experiment, try it out, and see what starts to change.
Finding our deeper purpose
At some point in each one's life, the question arises, 'why am I here?' Each one of us feels the need to have some kind of purpose in life, and those who find their 'raison d'etre', are very lucky.
PRE-IVF WELLNESS: HOW LIFESTYLE CHOICES CAN BOOST FERTILITY SUCCESS
In vitro fertilization (IVF) is a transformative medical breakthrough, offering new hope for couples facing infertility.
The impact of PCOS on fertility: Advanced treatment strategies beyond lifestyle changes
Polycystic Ovary Syndrome (PCOS) is a hormonal disorder that affects women of childbearing age. It leads to hormonal imbalances which may result in problem conception and can cause other health problems.
MUMBAI CLOSE IN ON BIG WIN AGAINST ODISHA AFTER IMPOSING FOLLOW-ON
Mumbai closed in on a big win despite Odisha's stoic resistance with the bat as the defending champions reduced the visitors to 126/5 at stumps on Day Three after imposing follow-on, in their Ranji Trophy Group A encounter here on Friday.
Aus A solidify hold over 2nd unofficial Test as half of India A side dismissed
Australia A was all out for 223 runs, leading by 62 runs in reply to India A's first innings score of 161 runs.
Europa League: Man U end winless run in Europe, Galatasaray beat Tottenham
Manchester United secured its first win in Europe in more than a year by beating PAOK 2-0 in the Europa League on Thursday.
Rauf, Ayub shine as Pakistan crush Australia in 2nd ODI to level series
Seamer Haris Rauf's breathtaking spell and batter Saim Ayub's quickfire innings propelled Pakistan to a crushing nine-wicket victory against Australia in the second ODI match to level the series at Adelaide Oval on Friday.
Botham survives fall in crocodile-infested waters during fishing trip in Australia
Legendary England cricketer Ian Botham survived a fall into crocodile-infested waters during a fishing trip in Australia.
