India is the world’s second-largest steel producer. Let's find out the leaders shaping India's steel market based on capacity and market share.
With revenue hitting $31 billion in 2023-24, it is one of the most geographically diversified steel producers in the world.
With ₹1.704 trillion revenue in 2024 (TTM) and around 31 MTPA capacity, JSW Steel is the second-largest steel producer in India.
Having around 20+ MTPA production capacity, SAIL is a trusted partner in government tenders.
ArcelorMittal Nippon Steel India is a joint venture between ArcelorMittal and Nippon Steel. The company's current revenue(TTM ) is ₹5.328 Trillion and the production capacity is 9 MTPA.
This is one of the most preferred companies for water and wastewater management projects because of the unmatched quality production of ductile iron pipes.
With 15 MTPA production capacity, Hindalco is the leader in aluminium and steel production.
Also known as Visakhapatnam Steel Plant (VSP), RINL has an annual capacity of 7.3 MT. This is a preferred brand for mega infrastructure and rail projects.