In 2021, the value of copper production in India amounted to approximately 8.85 billion Indian rupees. This figure is estimated to increase to around 9.2 billion rupees by financial year 2022.
India in Copper Production
The share of India in the world production was 17.006 thousand metric Tonnes . The share of India in the world production was 1.89% during April to November, 2021. The size of Indian copper industry is around 6.6 lakh tonnes, which as percentage of world copper market is only three percent.
Sterlite Industries(Vedanta Ltd.), Hindalco Industries and Hindustan Copper Ltd. are major producers of refined copper in India.The rated copper production capacity is envisaged at 2.4 mtpa ( metric tonnes per annum) by 2025 when domestic consumption is projected to touch 1.5 million tonnes. India still imports about 40% of its domestic consumption of copper.