Newsletter
India’s copper demand has jumped 70% over the last 8 years—driven by rising electrification, green energy, and industrial expansion.
But local production hasn’t kept pace, dropping from 8L tonnes in FY17 to just 4.6L in FY24.
The gap has widened sharply since 2018 and now, India is relying heavily on imports to meet its copper needs.
With EVs and renewables needing 2-3X more copper than conventional tech, the pressure is only building.
