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CuSCRAP Group has been in the Business of Supply Copper Cables

India Copper Industry: Government Initiatives

The Government of India has taken several initiatives to support the growth of the copper industry. The government has implemented policies such as the National Mineral Policy, which aims to provide a conducive environment for the growth of the mining industry, including copper mining. Moreover, the government encourages private sector participation in the copper industry through policies like Foreign Direct Investment. Additionally, the government has undertaken several measures to promote renewable energy, which, as stated earlier, is a significant driver of the copper industry.

Future Insights of the Market

India Copper Market is poised for significant growth in the coming years. Increasing demand, favorable government policies, technological advancements, and global trends all indicate that the copper industry will continue to expand. Investors looking for opportunities in the Indian market should consider the copper industry as a potentially lucrative sector. The future looks bright for the India Copper Market, and those who position themselves well could stand to benefit.

India's copper demand grows by 27% in FY22

According to a report by International Copper Association India (ICA India), India's copper demand is back on the growth track in FY22,

Copper is critical for the clean energy transition…

As demand for copper grew by 16 per cent year-on-year in FY23, policymakers and corporations have increasingly turned their attention

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