I'm sure India has been cognizant of Chinas lack o

I'm sure India has been cognizant of Chinas lack of domestic iron and is concerned for their own domestic needs as part of the reason for Indias restriction of exports-India now has very low steel use per capita,  but if they go Chinas route that need for steel will rapidly increase- they dont want to have to end up importing iron for domestic needs in coming years, so conserve domestic iron

Current Population of India - India, with 1,270,272,105 (1.27 billion) people is the second most populous country in the world, while China is on the top with over 1,360,044,605 (1.36 billion) people. The figures show that India represents almost 17.31% of the world's population, which means one out of six people on this planet live in India. Although, the crown of the world's most populous country is on China's head for decades, India is all set to take the numero uno position by 2030. With the population growth rate at 1.58%, India is predicted to have more than 1.53 billion people by the end of 2030.