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AnalysisIBEFTuesday, 13 October 2026NEW

India fastest-growing major steel market; demand to grow 7.9% in 2026: World Steel Association

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Summary
India’s steel demand is projected to grow 7.9% to 172.4 million tonnes in 2026, driven by infrastructure, manufacturing and construction activity.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedTuesday, 13 October 2026
Affected Population~100 million urban housing shortage, 30 million rural
Key Numbers
PMAY: 4.13 crore houses total sanctioned
Urban housing shortage: 10 million units
Affordable Housing Fund: Rs 25,000 crore
Key Authorities
Ministry of Housing & Urban AffairsNHB
Key Stakeholders
HomebuyersReal Estate DevelopersSlum Dwellers
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
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Housing27 tracked→
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