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Manufacturing Push Drives 9.3% Surge in India’s Copper Consumption
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India’s copper consumption rose 9.
Copper usage in India climbed 9.3% year-on-year during FY25, fueled by infrastructure expansion, EV adoption, and renewable energy deployment. The growth aligns with NITI Aayog’s newly released advanced manufacturing roadmap targeting global industrial leadership by 2035. The strategy prioritizes semiconductor, clean energy, and high-value component production to enhance self-reliance. Analysts said the surge in copper demand underscores India’s industrial acceleration, with supply-chain localization expected to attract major foreign investment. Policymakers highlighted manufacturing as a key engine for employment and exports.