ThePrint ·
NITI Aayog flags India’s metal exports gap: Concentrated in iron & steel, missing critical mineral shift
NITI Aayog report says global imports of metals & ores rose from $1.2 trillion in 2015 to $2 trillion in 2025, but India’s share of exports in these segments rose only marginally.
New Delhi: India’s metals exports remain concentrated in traditional segments such as iron and steel, even as global demand is shifting towards copper, nickel and other critical minerals, limiting the country’s share in a nearly $2-trillion global market, according to the NITI Aayog’s latest Trade Watch Quarterly released Wednesday.
The report said global imports of metals and ores rose from $1.2 trillion in 2015 to about $2 trillion in 2025, but India’s share of exports in these segments rose only marginally— from 1.7 percent to 1.8 percent (from $21.8 billion to $36.8 billion).
India’s metals exports are concentrated in iron and steel, articles of iron and steel and aluminium, which together account for about 78 percent of metal exports in 2025.
