RCI Copper Industry Overview

Industry Opportunity India - among top 20 major producers of copper globally ■ In FY16, copper ore production in India at 39 lakh tonnes was 11% higher compared to the previous year ■ Refined copper production in FY16 was ~7.9 lakh tonnes and the estimated consumption was ~ 6.5 lakh tonnes India is one of largest copper importers alongside China, Japan, South Korea and Germany ■ Falling prices of copper in international markets will benefit Indian manufacturers RCI Copper consumption in India recorded 5.9% CAGR in the last decade, second only to China ☐ Copper demand expected to grow at 9-10% Major consumers of copper products - Building and construction, engineering, transport & consumer durables ■ Over 30% of India's copper demand comes from telecom sector and 26% from electrical sector Key drivers for demand Required for end use sectors which are on fast growth track ■ Government push for infrastructure development ☐ Expanding domestic market in rural areas

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