Story perspectives

India Targets 300 Million Tonnes Steel Production by 2030

12/27/2025

Summary

Story summary

India aims to expand its steel production capacity to 300 million tonnes by 2030, focusing on low-carbon technologies and high-end steel grades.
The government supports this growth through PM Gati Shakti and the National Infrastructure Pipeline.
Challenges include rising imports and volatile raw material prices.
The Production Linked Incentive scheme promotes value-added steel production.
Officials remain optimistic about achieving the 2030 goal despite the costly green-steel transition.

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Story summary

India aims to expand its steel production capacity to 300 million tonnes by 2030, focusing on low-carbon technologies and high-end steel grades.
The government supports this growth through PM Gati Shakti and the National Infrastructure Pipeline.
Challenges include rising imports and volatile raw material prices.
The Production Linked Incentive scheme promotes value-added steel production.
Officials remain optimistic about achieving the 2030 goal despite the costly green-steel transition.