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.

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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.

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India's EV market is expected to develop quickly because to government backing, declining battery costs, and more awareness.

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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!