India's Copper Demand Bounces Back; Grows 27 per cent in FY22
Jan 24, 2023
New Delhi [India], January 24 (ANI/NewsVoir): Propelled by strong policy reforms across sectors, the post-pandemic demand for copper is back on growth track in FY22 (April 2021 to Mar 2022), registering a YoY growth of over 27.5 per cent in India. The demand for red metal stood at 12.5 lakh tonnes in FY22, compared to 9.78 lakh tonnes in FY21 on the back of the growth across power infrastructure, real estate, consumer durables, and the industrial sector in the country. The findings are part of the Annual Report on Copper Demand in India (FY22) which was released by the International Copper Association India (ICA India) today.