India's copper demand rises 12% to 2,100 KT in FY26

India's copper demand rose to 2,100 kilotonnes in FY'26, reflecting a 12% increase from the previous year. This growth was primarily driven by strong performance in the infrastructure, automotive, and construction sectors. The infrastructure sector experienced a notable 29% year-on-year increase, contributing significantly to domestic consumption. In contrast, the automotive sector rebounded with a 14% rise following previous declines.

According to data released by the International Copper Association India (ICA India) on Thursday, India's copper demand reached 2,100 kilotonnes (KT) in FY'26, marking a 12% increase from 1,878 KT in FY25. This surge was primarily propelled by robust activity across the infrastructure, automotive, and building and construction sectors.

"India's copper demand grew 12 per cent year-on-year in FY2026 to 2,100 kilotonnes, significantly outpacing the country's 7.7 per cent GDP growth during the period. The increase marks an acceleration from the 9.3 per cent growth recorded in FY2025," according to the data released by the International Copper Association India (ICA India).

Copper played a vital role in these key industries through its application in wires and cables, transformers, motors, automotive harnesses, and various electrical and industrial components.

The infrastructure sector served as the primary driver of new demand in FY2026, expanding by 29% year-on-year and accounting for 22% of total domestic copper consumption. Following a sluggish period in FY2025, the automotive segment bounced back with a 14% rise in copper demand, buoyed by increased sales of passenger cars, commercial vehicles, and tractors.

Meanwhile, the building and construction sector, representing roughly a quarter of national copper demand -- recorded a 9% year-on-year expansion. This growth in demand for power cables, building wire, household accessories, and construction hardware was fueled by ongoing urbanization, commercial real estate developments, and premium residential projects. Conversely, data center installations remained in an early stage, making up less than 1% of total demand.

"India's economic activity momentum is reflected in the rising demand for copper. Favourable policies promoting investments in infrastructure, industrialisation and clean energy transition will continue to drive copper demand," Mayur Karmarkar, Managing Director, International Copper Association India, said.

ICA India operates as the local arm of International Copper Association Ltd, a non-profit organization established in 1959 under the Copper Alliance to advocate for global copper usage.