India and UAE Boost Industrial Partnership to Meet Steel Goals by 2030

India and the United Arab Emirates (UAE) are working closely to build stronger ties in the steel and aluminum sectors under a broad economic partnership. This push is part of a larger plan to support green steel and advanced materials, which are important for the future of industries like automobiles and high-tech manufacturing.

In a recent meeting, India’s Steel Minister H.D. Kumaraswamy and UAE’s Economy Minister Abdullah bin Touq Al Marri discussed ways to deepen cooperation. Both countries see great value in teaming up to create sustainable industries and drive economic growth. They believe that by combining strengths, they can reach common goals, especially around clean technologies.

Minister Kumaraswamy stressed how the UAE could play a key role in helping India achieve its ambitious target of producing 300 million tons of steel by 2030. This would be done by improving access to raw materials and adopting energy-efficient steelmaking processes that are aligned with climate goals.

Indian companies are already moving in this direction. The Steel Authority of India Limited (SAIL), a major government-run firm, imports around 2.5 million tons of limestone each year from Stevin Rock LLC, a top mining company in Ras Al Khaimah, UAE. Talks are ongoing to turn this into a long-term agreement, which would give India a stable supply of essential raw materials and help keep costs down. SAIL is also looking at opportunities to export quality Indian steel to the UAE, targeting infrastructure and industrial projects that require strong and reliable materials.

Meanwhile, NMDC, India’s biggest iron ore producer, is in discussions with UAE firms to create an integrated mining value chain. This would further secure resources and boost trade between the two countries. Both SAIL and NMDC have opened offices in Dubai, underlining the UAE’s position as a global business hub and a gateway for expanding into other markets.

Looking ahead, India aims to scale up its steel production to 500 million tons by 2047. The growing collaboration with the UAE is expected to play a big part in achieving this target. It also highlights a shared commitment to building a sustainable industrial future and deepening strategic ties on the global stage.