India is the second-largest steel producer in the world, and its top steel manufacturers play a critical role in meeting both domestic and global demand. These companies have invested heavily in expanding their production capacities to support infrastructure development and various industrial applications. In this article, we explore the steel production capacity of the top 10 steel manufacturers in India and how they are shaping the future of the industry.
1. Tata Steel
Tata Steel is one of India’s largest steel producers and ranks among the top steel companies globally. As of 2024, Tata Steel’s annual steel production capacity is approximately 34 million tons. The company operates several steel plants across India, including in Jamshedpur, Kalinganagar, and Dhenkanal, with plans to further expand its capacity in the coming years.
2. JSW Steel
JSW Steel, a key player in India’s steel industry, has a current production capacity of about 28 million tons per year. The company operates major steel plants in Vijayanagar, Dolvi, and Salem. JSW Steel is known for its aggressive expansion strategies and aims to increase its capacity to over 37 million tons in the near future.
3. Steel Authority of India Limited (SAIL)
SAIL is a government-owned entity and one of India’s largest steel producers. The company’s current steel production capacity stands at around 21 million tons annually. SAIL operates several integrated steel plants in Bhilai, Rourkela, Durgapur, and Bokaro, with a strong focus on domestic infrastructure projects.
4. ArcelorMittal Nippon Steel India (AMNS India)
A joint venture between global steel giant ArcelorMittal and Japan’s Nippon Steel, AMNS India has a steel production capacity of 8.6 million tons per year. The company operates a state-of-the-art plant in Hazira, Gujarat, and plans to significantly increase its capacity to 15 million tons over the next decade.
5. Jindal Steel & Power Ltd. (JSPL)
JSPL is another major player in India’s steel market, with a current capacity of 9.6 million tons per year. The company operates steel plants in Raigarh and Angul, with ambitious plans to expand capacity to support domestic and export markets.
6. Rashtriya Ispat Nigam Limited (RINL)
Also known as Vizag Steel, RINL has an annual production capacity of about 7.3 million tons. The company is a key supplier of steel for construction, automotive, and infrastructure sectors, and operates a large integrated plant in Visakhapatnam.
7. Electrosteel Steels Ltd.
Electrosteel Steels has a production capacity of approximately 2.5 million tons per year. The company operates a steel plant in Bokaro, Jharkhand, and focuses on producing high-quality steel for pipes and other industrial applications.
8. Bhushan Steel (Tata Steel BSL)
Acquired by Tata Steel, Bhushan Steel has a production capacity of around 5.6 million tons per year. The company has plants in Odisha and Maharashtra, primarily catering to the automotive and consumer goods sectors.
9. Essar Steel (Now AMNS India)
Before being acquired by ArcelorMittal Nippon Steel India, Essar Steel had a capacity of 10 million tons. The plant in Hazira, Gujarat, continues to play a crucial role in AMNS India’s growth strategy, with plans to expand to 15 million tons by 2030.
10. Monnet Ispat & Energy Ltd.
Monnet Ispat has a smaller steel production capacity compared to the other top players, producing around 1.5 million tons per year. The company focuses on producing sponge iron, billets, and other specialized steel products.
The Future of India’s Steel Industry
India’s steel production capacity is projected to grow significantly in the coming years, driven by domestic demand and government initiatives like the National Steel Policy. The top steel manufacturers are continuously expanding their capacities through investments in new technologies and greener production processes to meet both domestic and international demand. By 2030, India is expected to increase its total steel capacity to 300 million tons, further solidifying its position as a global steel powerhouse.
