Get Insights into the Metals and Mining Industry in India
In FY26 (April-July 2025), crude steel production in India stood at 54.19 MT.
In FY26 (April-July 2025), the exports of iron and steel stood at Rs. 27,335 crore (US$ 3.19 billion).
India is expected to surpass its steel production capacity target of 300 MT by 2030, reaching an estimated 330 MT.
India is the second-largest producer of aluminium globally. The production of primary aluminium reached 7.07 lakh ton (LT) in FY26 (April-May 2025) from 6.98 LT in FY25 (April-May 2024).
India’s iron ore production decreased by 24% to 75.12 million metric tonnes (MMT) during FY26 (April-June 2025), compared to 98.84 MMT in the same period last year.
In FY25, exports of iron ore stood at Rs. 17,623 crore (US$ 2.06 billion) as compared to Rs. 32,433 crore (US$ 3.78 billion) in FY24.
India’s iron ore production stood at 289.4 MT in FY25, an increase of 4.57% compared with 276.7 MT in FY24.
The total value of mineral production FY26 (April-July 2025) Rs. 51,143 crore (US$ 5.97 billion), as against Rs 49,578 crore (US$ 5.79 billion) during the corresponding period in FY25.
India’s copper demand is expected to grow about 7% annually, led by renewable energy expansion, electric vehicles, and infrastructure projects including industrial corridors, national highways, and the Housing for All programme, with domestic consumption already exceeding 7,50,000 tonnes against production of about 5,55,000 tonnes with demand projected to double by 2030.
GVA at constant prices from mining and quarrying stood at Rs. 3,38,884 crore (US$ 39.55 billion) in FY25, as per RBI.
The construction sector’s Gross Value Added (GVA) at current prices was estimated at Rs. 15,72,285 crore (US$ 183.49 billion) for FY25 against Rs. 14,37,788 crore (US$ 167.79 billion) for FY24 as per RBI.
The Index of Eight Core Industries recorded a final growth of 2.2% in June 2025, while cumulative growth for FY26 (April-July 2025) stood at 1.6% compared to the same period last year.
