MS Pipes, per Dun & Bradstreet Information Services India, Aug 2026 (commissioned by a company).
Source: Dun & Bradstreet Information Services India, Aug 2026 [1]
The Indian infrastructure, railway, and pipe manufacturing sectors are driven by government capital expenditure, railway modernization, track doubling, and water grid expansion projects like Jal Jeevan Mission. Demand for PSC sleepers and large-diameter MS pipes is supported by continuous public sector allocations for transportation and water infrastructure. [2]
The Indian railway sleeper market is projected to expand from 271.4 million units in FY25 to 323.8 million units by FY30 at a CAGR of 3.8%. The Indian mild steel pipes and tubes market was valued at USD 24.8 billion (₹ 2,05,840.00 crore) in FY26 and is forecasted to reach USD 38.9 billion (₹ 3,22,870.00 crore) by FY30 at a CAGR of 11.8%. Production of MS pipes in India is expected to rise from 10.1 MTPA in FY26 to 15.2 MTPA in FY30. [1]
| Figure | Period | Value |
|---|---|---|
| Railway Sleeper Market Size [1] | FY2025 | 271.4 million units |
| Railway Sleeper Market Size Forecast [1] | FY2030 | 323.8 million units forecast |
| Railway Sleeper Market CAGR [1] | FY2025–FY2030 | 3.8% forecast |
| India MS Pipes Market Size [1] | FY2026 | US$24.8 billion |
| India MS Pipes Market Size Forecast [1] | FY2030 | US$38.9 billion forecast |
| India MS Pipes Market CAGR [1] | FY2026–FY2030 | 11.8% forecast |
| India MS Pipes Production [1] | FY2026 | 10.1 MTPA |
| India MS Pipes Production Forecast [1] | FY2030 | 15.2 MTPA forecast |
The Indian prestressed concrete sleeper and MS pipe manufacturing sectors are characterized by regional and tender-based competition among approved vendor players. In the railway sleeper segment, key listed peers include Indian Hume Pipe Company Limited and GPT Infraprojects Limited alongside specialized regional sleeper manufacturers. [1]
| Topic | Figure | Period | Value |
|---|---|---|---|
| Market size and growth | Railway Sleeper Market Size [1] | FY2025 | 271.4 million units |
| Market size and growth | Railway Sleeper Market Size Forecast [1] | FY2030 | 323.8 million units forecast |
| Market size and growth | Railway Sleeper Market CAGR [1] | FY2025–FY2030 | 3.8% forecast |
| Market size and growth | India MS Pipes Market Size [1] | FY2026 | US$24.8 billion |
| Market size and growth | India MS Pipes Market Size Forecast [1] | FY2030 | US$38.9 billion forecast |
| Market size and growth | India MS Pipes Market CAGR [1] | FY2026–FY2030 | 11.8% forecast |
| Market size and growth | India MS Pipes Production [1] | FY2026 | 10.1 MTPA |
| Market size and growth | India MS Pipes Production Forecast [1] | FY2030 | 15.2 MTPA forecast |
According to Dun & Bradstreet Information Services India (August 2026), the ms pipes market was US$24.8 billion in FY2026.
Dun & Bradstreet Information Services India projects US$38.9 billion by FY2030, a growth rate of 11.8% a year over FY2026–FY2030. Forecasts are the source's, not FinMinutes'.
The Indian prestressed concrete sleeper and MS pipe manufacturing sectors are characterized by regional and tender-based competition among approved vendor players. In the railway sleeper segment, key listed peers include Indian Hume Pipe Company Limited and GPT Infraprojects Limited alongside specialized regional sleeper manufacturers.
Built from 2 sources: 2 company-commissioned reports. Each figure carries its source number, which links to the full source list with dates and page references.
Figures are quoted from the sources listed above, with their dates and page references. They are not FinMinutes estimates and are not a recommendation about any security. All industries →