Surging Copper Demand Signals India’s Manufacturing Ambition

India’s copper consumption rose 9.3% year-on-year in FY25, supported by industrial expansion, electric mobility adoption, and renewable energy projects. The growth coincides with NITI Aayog’s release of an advanced manufacturing roadmap outlining India’s goal to rank among the world’s top three producers by 2035. Analysts said the data underscores strong infrastructure momentum and upstream metal requirements. The roadmap emphasizes domestic capacity building in semiconductors, batteries, and clean-tech materials, positioning India for long-term industrial competitiveness and export diversification.