Published Paper Details:

Abstract Purpose: This paper aims to provide a comprehensive analysis of the Indian steel industry's current state and future outlook, focusing on production capacity, financial performance, technological advancements, trade dynamics, and sustainability initiatives. Approach: The study employs a mixed-methods approach, utilizing secondary data from industry reports, academic journals, and government publications. It incorporates qualitative and quantitative analyses to evaluate trends, performance metrics, and strategic initiatives within the industry. Result: The findings indicate significant growth in production capacity and technological advancements, contributing to improved efficiency and product quality. However, the industry faces challenges related to environmental sustainability and regulatory compliance. Financial performance varies across companies and is influenced by market conditions and internal efficiencies. Trade dynamics reveal robust export growth but also highlight dependency on imports for certain raw materials. Practical Implications: The study's insights can guide policymakers, industry players, and investors in making informed decisions. Recommendations include investing in sustainable technologies, enhancing raw material security, and expanding market reach to ensure long-term competitiveness and growth. Originality: This paper provides a holistic view of the Indian steel industry's landscape, integrating diverse factors such as technological advancements, financial performance, and sustainability initiatives. It contributes to the existing literature by offering updated and comprehensive data-driven analysis and strategic recommendations. Paper Type: Research paper