How Non-Ferrous Metal Companies Could Shape Indian Markets in 2025 Part 1

Introduction to Non-Ferrous Metals Non-ferrous metals include aluminum, copper, zinc, lead, nickel, and others. These metals are corrosion-resistant, lightweight, and essential in EVs, infrastructure, electronics, and renewables. Unlike ferrous metals, they do not contain iron, making them vital for high-performance and sustainable applications. Source: Ministry of Mines, Government of India Key Growth Drivers in 2025 a) Green Energy Push India's target of 500 GW renewable capacity by 2030 will drive demand for aluminum and copper. Solar panels, wind turbines, and battery storage all require significant non-ferrous metal input. PLI schemes for solar modules and battery manufacturing support sector growth. Source: Ministry of New and Renewable Energy (MNRE), IEA India Energy Outlook 2024