Business Standard

Is it time to get real about India's steel plans?

The government may struggle to find 91,000 acres of land to pack new 175 mt capacity

steel factory, steel
Premium

Steel factory

Kunal Bose Kolkata
By any reckoning, it will be an uphill task for India to build steel capacity of 300 million tonnes (mt) by 2030 against the current 125 mt or so. In fact, if any proof of that is needed, the confirmation came from the government itself when earlier in the year the steel policy was revised principally to give the industry an extra five years to achieve the targeted capacity. 

The roadblocks to achieving the ambitious 300 mt capacity that will put India well ahead of every other major steel producing country except China are one too many. 

But the main

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in