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Business
India Aims for 604 Million Tonnes Steel Capacity by 2047, Targets Lower Coking Coal Imports
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🗓 12 Oct 2026, 02:49 PM
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India has set a target to raise its steel production capacity to 604 million tonnes by 2047. At the same time, it seeks to cut dependence on imported coking coal for steelmaking.
India has set a target to reach 604 million tonnes of steel production capacity by 2047.
Alongside this capacity goal, the authorities intend to lower the nation's dependence on imported coking coal.
The dual emphasis on expanding capacity and securing raw material supplies reflects India's long‑term vision for the steel sector.
Alongside this capacity goal, the authorities intend to lower the nation's dependence on imported coking coal.
The dual emphasis on expanding capacity and securing raw material supplies reflects India's long‑term vision for the steel sector.