STEEL IS THE BACKBONE OF THE GROWING INDIAN ECONOMY
Steel sector is shaping India’s biggest infrastructure revolution, whether it is highways or homes, renewable energy parks or high-speed rail corridors, smart cities or defence manufacturing hubs. India’s decade-long infrastructure revolution has depended deeply on a sector that once stood stagnant but is now forging ahead with confidence and capacity.
In 2014, India's steel production was just over 81 million tonnes. Today it has crossed 152 million tonnes. Capacity has nearly doubled in the last decade to become the world’s second-largest steel producer and the only major economy where steel demand is consistently rising.
In the long term, stocks like