North India’s finished steel production capacity in FY’24

In India’s total steel production capacity the northern region contribute around 11 mnt.Within the north’s entire capacity, Punjab produces a significant over-6 mnt. In financial year 2023-24 (FY’24), Ludhiana had received approval for a total of 3 mnt of additional crude steel capacity and Punjab, 6 mnt. The expected time of completion of such capacities is 5-6 years. However, if not all, at least 50% is expected to get commissioned by 2030.