i. Rise in infrastructure development and automotive production are driving growth in the metals and mining sector in India.

ii. India holds a fair advantage in production and conversion costs in steel and alumina. Its strategic location enables export opportunities to develop as well as fast-developing Asian markets. Steel, zinc, and aluminium producers continue to benefit from attractive commercial prospects spurred by infrastructure initiatives. Iron and steel make up a core component for the real estate sector. Given the industry's projected rapid expansion in the residential and commercial building sectors, demand for these metals is expected to remain high.

iii. India is the 2nd largest crude steel producer in the world, with 120 MT of crude steel produced in FY’22.

iv. India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power, to viable non-conventional sources such as wind, solar, agricultural and domestic waste.

v. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required.