India’s Copper Demand Rises 9.3% in FY25, Says Report

India’s copper demand rose 9.3% year-on-year to 1,878 kilo tonnes (KT) in FY25 from 1,718 KT in FY24, according to a report by the International Copper Association India (ICA India). The rise was mainly due to higher consumption across sectors such as infrastructure, construction, renewable energy, and consumer goods.

Infrastructure and Construction Sectors Lead 

Infrastructure and construction continued to be the main drivers of copper demand. The infrastructure sector grew 17%, while building construction recorded 11% growth during the year. Increased activity in housing, transport, and urban projects contributed to higher copper usage, particularly in electrical applications and building materials.

Renewable Energy Adds to Copper Demand

The renewable energy segment saw one of its strongest periods of growth in FY25, supported by new capacity additions in solar and wind energy. These projects rely heavily on copper for power cables, transformers, and related systems. The expansion of renewable capacity directly added to the overall rise in demand for the metal.

Rise in Consumer Durables Consumption

The consumer durables sector reported a 19% increase in copper usage, driven by higher sales of air conditioners, fans, washing machines, and refrigerators. Increased demand from households and manufacturing units resulted in a greater need for copper-based components in appliances and electrical systems.

Focus on Domestic Supply and Fabrication

The report noted that as demand continues to rise, India will need to strengthen its domestic copper supply and fabrication capacity. Building functional copper reserves and reducing import dependence were identified as priorities for sustaining growth across industries using the metal.

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Conclusion

Copper consumption in India is expected to stay strong, supported by ongoing developments in infrastructure, renewable energy, and consumer goods manufacturing.

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