India's domestic stainless steel consumption surged by 84% over the past five years, reaching 4.80 million tonnes in FY 2024-25, driven by infrastructure, railways, and construction sectors. The per capita consumption also increased from 2.5 kg to 3.4 kg during this period. Industry forecasts predict demand will reach 6.8 million tonnes by FY30, with per capita consumption rising to 4.5-5.