Need $120-bn investment to reach 300 mn tonne steel-making capacity by 2030: Steel Secy Sandeep Poundrik

India's steel secretary warned that the country needs $120 billion in investments to reach its 300 MT steel production target by 2030. With current capacity at 180 MT, an additional 120 MT is required. Without these investments and with rising demand, India could become a net steel importer by 2030.
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