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Steel

India Unveils Steel Policy for 2047 Capacity Goal

India has released a new steel policy with a goal of reaching 604 million tons of capacity by 2047. The plan sets out the long-term direction for the country's steel sector.

Context

Context: Steel is a basic material for roads, railways, buildings and cars, so its supply shapes many industries. India wants to grow as a larger producer as its economy aims to become developed by 2047.

Reuters
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