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India's metal industry is well-positioned for expansion over the next few years. The nation contains sizable iron ore, bauxite, and other metal deposits.

The Indian government has made significant investments in infrastructure growth. Almost 1,900 projects on the National Infrastructure Pipeline (NIP), totalling 102 trillion won ($1.3 trillion), are expected to be finished by 2025.

India is one of the largest defence spenders in the world with a total expenditure of Rs. 5.25 lakh crore (US$ 66 billion) in 2022–23, or 13.31% of the overall budget.

In the next five years, the industry is predicted to increase at a 15% CAGR. This expansion will be fueled by the advent of digital media, the expansion of the middle class, and increased urbanisation. Check out our sectorial analysis to know more!