Tag: India’s state-wise crude steel capacity approvals in FY’26

India’s steel capacity expansion approvals rose to 50.34 million tonnes (mnt) in FY26, more than doubling from 23.08 mnt in FY25, marking a clear shift toward large-scale capacity creation. Approvals remain concentrated in eastern and central India, particularly in Chhattisgarh, Odisha and Andhra Pradesh, which together account for the majority of capacity additions. Proximity to…