Steel production capacity of the country expanded from about 75 million tonnes per annum (MTPA) in 2009-10 to about 101.02 million tonnes (MT) in 2013-14, when output was 81.7 MT.The steel sector in India contributes nearly two per cent of the country’s gross domestic product (GDP) and employs over 600,000 people. The per capita consumption of total finished steel in the country has risen from 51 Kg in 2009-10 to about 60 Kg in 2013-14.According to the data released by the Department of Industrial Policy and Promotion (DIPP).

		The Indian steel mining and metallurgical industries attracted foreign direct investments (FDI) to the tune of US$ 1,669.49 million and US$ 8,527.34 million, respectively, in the period April 2000–February 2015.
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