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India’s steel industry is witnessing a digital and green renaissance. With a sharp focus on innovation and sustainability, companies are ramping up investments across diverse technologies — from smart IoT-enabled operations to carbon capture systems and hydrogen-powered furnaces.
As per the 2025 SteelBazaar dataset, Advanced Coatings (73%) and Smart Manufacturing/IoT (68%) are leading in adoption rate, while Hydrogen-based Production has attracted the highest investment at $78.5 billion. In contrast, cost-effective technologies like AR/VR Training and Predictive Maintenance show the highest Expected ROI of 31.2% and 28.4%, respectively.
Key Observations
Technology Adoption Rate (%) Investment (USD Bn) Expected ROI (%)
Advanced Coatings 73 22.1 19.6
Smart Manufacturing/IoT 68 45.2 18.5
Predictive Maintenance 57 18.6 28.4
Robotic Automation 52 32.8 22.3
AR/VR Training 41 8.9 31.2
Carbon Capture 31 56.7 12.8
Hydrogen-based Production 23 78.5 15.2
3D Printing 19 12.4 25.
🎯 Strategic Impact
Digital Fast-Movers: IoT and Robotic Automation are now foundational—not experimental.
Green Leadership: Investments in Hydrogen-based Production & Carbon Capture show long-term climate alignment.
ROI-First Approach: AR/VR and Predictive Maintenance offer low-capex, high-return benefits for agile manufacturers.
🛠️ The SteelBazaar Advantage
With SteelBazaar, access curated vendor tools, ROI calculators, and technology benchmarking dashboards tailored to the steel sector. Join hundreds of manufacturers transforming operations with data-backed digital adoption strategies.
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Also Read : SB Special Insight – Global Steel Demand by Sector (2024) March Market Flip: HRC-Rebar Price Gap Grows Amid Tight Supply