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Bridging the copper gap: India’s urgent need for smelting capacity

  • India holds only about 0.31% of the world's copper ore reserves and has low availability of copper resources, making it reliant on imports.
  • Refined copper production in India has declined since the closure of Sterlite Copper, turning India into a net importer of copper.
  • India's copper industry relies on imports for 90% of its concentrate needs, but supply shortages have arisen due to mine closures and export restrictions in major copper-producing countries.
  • With growing demand for copper in India, it is important to secure a long-term supply through strategic measures, such as exploration licenses, joint ventures, and cross-border investments.

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