India's total steel capacity stood at approximately 220 MTPA in FY 2025–26, on track toward the National Steel Policy target of 300 MTPA by 2030, centre said on Wednesday.
On a cumulative basis, the core sector expanded by 2.6 per cent during April to December 2025-26 compared with the corresponding period of the previous year, reflecting moderate overall growth amid mixed sectoral trends.
India today stands among the world’s largest automotive producers, yet remains a minor presence in global automotive trade.
Among individual sectors, coal production increased by 2.1% in November 2025 on a year-on-year basis. However, its cumulative index declined by 1.4% during April–November 2025-26.
The projects given clearance by the government, including Linde India Ltd, which will set up a Global Competency Centre for transport and remote operations in Khordha with an investment of Rs 82 crore, creating 210 jobs.
The growth was primarily driven by higher production in Cement, Steel, Coal, and Petroleum Refinery Products.
The Indian government is closely analysing the impact of the 25 per cent tariff imposed by the United States on steel and aluminium imports, the Parliament was informed on Monday.
US President Donald Trump’s tariffs on steel and aluminium imports from anywhere in the world went into effect on Wednesday morning drawing swift retaliatory levies from the European Union and Canada.
US President Donald Trump on Tuesday escalated the trade war with Canada by doubling the tariff on steel and aluminum imports from that country.
The Steel Cutting Ceremony for the third of five Fleet Support Ships (FSS) at M/s L&T Shipyard, Kattupalli took place on Thursday, marking a pivotal moment in India’s naval capabilities.
