India, the world’s fastest-growing major economy for over a decade, is preparing to position its steel sector at the centre of its global investment pitch. With the industry contributing nearly 2 per cent to GDP, steel remains indispensable to India’s trillion-dollar aspirations—fueling infrastructure creation, advanced manufacturing, and export competitiveness.
To match its growth ambitions, the government has charted an aggressive capacity expansion roadmap: scaling annual production capacity to 300 million tons by 2030 and a formidable 500 million tons by 2047. Ensuring affordable and abundant raw material supply, enabling green steel production, supporting import substitution, and handholding small producers in their decarbonisation journey remain key policy priorities. The government itself continues to be the country’s largest steel consumer.
In this backdrop, the Ministry of Steel will host Bharat Steel 2026, a two-day international exhibition-cum-conference on April 16–17, 2026, in New Delhi. Positioned as the ministry’s flagship event, the summit aims to convene leading steelmakers, policymakers, global investors, infrastructure developers, buyers, and decision-makers from allied industries and financial institutions. It will provide a strategic platform to showcase India’s steel corridor, new technologies, green manufacturing practices, and investment-ready opportunities across domestic and global markets.
“At the Bharat Steel event, stakeholders and policymakers will deliberate upon industry’s future course of action in sync with the rapidly shifting global steel demand towards cleaner, more innovative materials. It will be an important industry gathering to discuss the critical aspects of the global steel supply chain including impact of tariffs, trade policies, technology disruptions, raw material security, and logistics infrastructure,” said Sandeep Poundrik, Secretary, Ministry of Steel.
The summit will spotlight opportunities for co-developing world-class steel projects across Jharkhand, Odisha, Chhattisgarh, Andhra Pradesh, and Maharashtra.
The event comes at a moment of strength for India’s steel industry. India is currently the only nation among the world’s top 10 producers to record double-digit production growth—both in September 2025 and across the January–September 2025 period. Consumption is also set for a boom, with the World Steel Association projecting around 9 per cent demand growth in both 2025 and 2026—the fastest globally. |
