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Tata Steel urged to lead global sourcing of steelmaking raw materials.
Move aims to secure supplies and meet India’s 300 MT production target.
Government stresses resource security for market stability and competitiveness.
In a decisive move towards achieving India’s ambitious 300 million tonnes steel production capacity by 2030, government officials have called upon Tata Steel to take the lead in securing critical raw materials from international markets. The appeal was made during discussions at the India Steel 2025 forum, where policymakers and industry leaders debated the future of raw material security for the expanding sector.
With India’s limited reserves of high-quality iron ore and coking coal, a consistent and diversified global supply chain has become a pressing necessity. Officials urged Tata Steel, as one of the country’s largest and most globally connected steelmakers, to spearhead overseas collaborations, mining acquisitions, and long-term supply agreements.
The government emphasized that resource security is vital for maintaining competitive production costs, stabilizing domestic prices, and insulating the sector from global market shocks. Tata Steel’s existing international presence in Europe, Africa, and Southeast Asia positions it well to lead these strategic efforts.
Industry analysts noted that this initiative would not only benefit Tata Steel but also strengthen India’s collective steel ecosystem by ensuring uninterrupted raw material availability for other domestic players, supporting the 2030 production target.
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