Business · Energy & Commodities · 16 hrs ago

India unveils steel policy targeting 604 million tons of capacity by 2047

India unveils steel policy targeting 604 million tons of capacity by 2047

India has unveiled a new policy for its steel industry.

The policy sets a goal of reaching 604 million tons of steel capacity by 2047.

This is a target for the industry’s capacity, not a statement that India is already producing that amount.

The goal gives the policy a long-term focus.

It concerns India’s steel industry and its future capacity.

The announcement does not specify how the target will be reached or what steps come next.

Sources

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