India's Copper Surge: Fueling the Nation's Infrastructure and Clean Energy Future
India's copper demand increased by 9.3% in FY25, driven by economic progress and increased usage across critical sectors. Key growth areas include infrastructure, clean energy, and consumer durables. The report highlights the need for building reserves and enhancing domestic capabilities to sustain India's development ambitions.
- Country:
- India
India is witnessing a surge in copper demand, with a remarkable 9.3% rise to 1,878 kilo tonnes in FY25, as per a report by the International Copper Association India (ICA India).
The increase follows robust economic progress and growing adoption of the metal across infrastructure and clean energy sectors, which serve as the primary growth drivers.
Experts emphasize the need for India to strengthen its copper reserves and domestic supply chains to support long-term development goals, alongside enhancing domestic fabrication capabilities and promoting import substitution strategies.
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