India to make local steel mandatory in government infrastructure projects: Sources

The step is aimed at boosting sales of local companies and global steel makers' investments, sources said.
Image used for representational purpose only. (File photo | Reuters)
Image used for representational purpose only. (File photo | Reuters)

NEW DELHI: The cabinet may clear a proposal on Wednesday to make usage of local steel mandatory for government's infrastructure projects, an official with direct knowledge of the matter said, aimed at boosting sales of local companies and global steel makers' investments.

The ministry's flagship National Steel Policy, which seeks to outline a roadmap to increase the country's annual steel production to 300 million tonnes by 2025, is also expected to be passed in the cabinet, the official told Reuters.

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