India's steel production rose 35 million tonnes in 4 years, maintaining 2nd largest global status since 2018.

India's steel production has risen by 35 million tonnes in four years, maintaining its position as the 2nd largest steel producer globally since 2018, surpassing Japan. The government has implemented policies like the DMI&SP and PLIScheme, and reduced customs duties on ferro nickel to boost the sector. The PLI Scheme aims to create an additional steel production capacity of 25 million tonnes.

August 09, 2024
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