India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
India’s steel industry is on the brink of a transformative shift, with carbon capture and storage (CCS) emerging as a game-changing solution for sustainable growth. As global pressure mounts to cut emissions, CCS offers a path to decarbonize steel production without compromising output or competitiveness.
With India targeting net-zero emissions by 2070, the steel sector—one of the country’s largest carbon emitters—must adopt innovative, cleaner technologies. Carbon capture can help absorb emissions at their source, storing or utilizing CO₂ in ways that reduce environmental harm.
Industry leaders are exploring CCS as a viable route to balance industrial expansion with climate goals. This strategy not only strengthens India’s global sustainability stance but also attracts green investments and boosts export potential in eco-conscious markets.By investing in carbon capture, India positions itself at the forefront of green steel innovation, laying the groundwork for a resilient, future-ready manufacturing ecosystem.
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