New Delhi, March 30 -- India's copper demand is projected to grow by around 7% in the coming years, fuelled by renewable energy expansion and infrastructure development, The Times of India reported, citing officials.

Policy initiatives such as industrial corridors, the 'Housing for All' program, national highway development projects, and the energy transition are key drivers of this demand, according to PHDCCI President Hemant Jain.

"The copper sector is poised to attract private investments, supported by government initiatives like the Production-Linked Incentive (PLI) scheme and Atmanirbhar Bharat," Jain stated.

Investment trends: Doubling demand by 2030

Industry estimates indicate that India produces about 555,000 tonnes of refined...