India needs $467 billion by 2030 - here's why steel CEOs are sweating
Key Points
- India needs $467 billion to clean up its steel and cement in...
India just discovered it needs $467 billion to clean up its steel and cement industries by 2030. That's not a typo, and it's not Monopoly money - it's real cash that needs to materialize faster than a day trader's coffee disappears during market open.
The Centre for Social and Economic Progress dropped this financial bombshell today, breaking down the damage: $251 billion for steel, $141 billion for cement. To put this in perspective, that's roughly 1.3% of India's entire GDP annually through 2030. Your portfolio rebalancing suddenly seems quaint by comparison.
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