Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
At the Steel Conclave 2025, industry leaders and policymakers highlighted the growing role of artificial intelligence (AI) and green financing in shaping the future of India’s steel sector.
The Indian Steel Association (ISA) emphasized how AI can transform the steel value chain optimizing supply chains, enhancing logistics, strengthening risk management, and improving infrastructure efficiency. Companies are increasingly using AI tools to reduce costs, boost productivity, and ensure more sustainable operations.
The government’s move to reduce GST on renewable energy products from 12% to 5% is expected to accelerate rooftop solar installations and reduce reliance on coal-based energy.
The discussions also touched on domestic raw material security, particularly increasing iron ore availability, aligning with the goal of “Aatmanirbharta” (self-reliance). Industry leaders, including ISA President Naveen Jindal, stressed that a resilient, future-ready steel sector is vital to India’s economic growth and global competitiveness.
In summary, AI adoption, green financing, and supportive policy reforms are emerging as the three pillars driving the Indian steel industry’s transition towards sustainability and long-term growth.
Also Read : Supreme Court Reserves Verdict on JSW Steel’s Resolution Plan Chennai Inaugurates Longest Steel Flyover Linking T. Nagar and CIT Nagar
Acerinox and Alfa Laval have partnered to expand the use of recycled-content stainless steel in indu...
Europe 17-Jun-2026
Chennai is set to witness a major infrastructure milestone as work on the city’s first steel b...
Construction 03-Mar-2025
According to a stock exchange declaration Adani Enterprises' subsidiary Kutch Copper mentioned that...
Large Corporate 28-Mar-2024
$2.1B investment for European business support. $565M debt to convert into equity. Move to streaml...
Business 13-May-2025
CPCB Warns Koppal’s ILC Iron & Steel Plant Over Pollution Breaches The Central Pollution...
Announcement 13-Jun-2025
The Union Cabinet accepted the proposal to invest ₹1.26 lakh crore in three semiconductor factories....
Press Releases 01-Mar-2024