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.
この記事は The Daily Guardian の September 21, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は The Daily Guardian の September 21, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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