India’s crude steel capacity rises 10% y-o-y in FY’26

India’s crude steel production capacity rose 10% y-o-y to 233 million tonnes (mnt) per annum in FY’26, according to BigMint data. Capacity is projected to rise further to 298 mnt by FY’30, in line with the National Steel Policys long-term target of building a 300-mnt steel industry by 2030-31.