CommoditiesCountry looks to move up value chain to feed energy transition, autos and infrastructureIndian steelmakers are seeking to move up the value chain by localizing production of high-end steel. © ReutersANANTA AGARWALMay 29, 2026 14:50 JSTBENGALURU -- Japanese steelmakers are accelerating investments in India, with major producers including JFE Steel, Nippon Steel and Sumitomo deepening cooperation with local companies as they look to tap a market growing faster than any other in the world and their Indian partners seek to curb import dependencies.
India looks to Japanese steelmaker JVs to address import dependencies
Country looks to move up value chain to feed energy transition, autos and infrastructure
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