Iron Ore Capacity Under-Utilized in India: Concerns Rise as 2047 Target Looms

India's iron ore production capacity is facing challenges as utilization rates remain significantly below potential in major producing states. This situation has sparked concerns among industry experts and policymakers as the country strives to meet ambitious targets for steel production and infrastructure development by 2047. The under-utilization of capacity could potentially hinder India's economic growth and its ability to fulfill its infrastructure needs in the coming decades. The government is likely to explore measures to address this issue, including incentives for iron ore mining and processing, and efforts to improve infrastructure connectivity in producing regions.