JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
1️⃣ India advances green steel policies to cut CO₂ emissions and meet net-zero targets.
2️⃣ Leading steelmakers adopt hydrogen-based production and carbon capture technologies.
3️⃣ Government policies and international trade regulations drive sustainable industry practices.
India is intensifying its green steel initiatives to align with its long-term goal of achieving net-zero carbon emissions by 2070. The government, in collaboration with industry leaders, is promoting the adoption of low-carbon technologies, including hydrogen-based steelmaking, carbon capture, and increased scrap utilization.
The Ministry of Steel is actively working on policy frameworks to incentivize sustainable practices, urging companies to invest in cleaner production methods. Key players like JSW Steel, Tata Steel, and AMNS India have already started adopting green hydrogen and electric arc furnaces to reduce dependence on coal-based production.
Moreover, international climate regulations, such as the European Union’s Carbon Border Adjustment Mechanism (CBAM), are pressuring Indian steelmakers to transition faster. Experts believe that a strong push towards renewable energy, coupled with financial incentives for green steel, could help Indian manufacturers remain competitive globally.
The move also aligns with India’s commitments under the Paris Agreement, focusing on reducing industrial emissions while ensuring sustainable growth. Analysts predict that with the right policies and investments, India’s green steel sector could play a crucial role in global decarbonization efforts.
Also Read : India's GDP growth to slow down to 6.5% in FY25, projects Ind-Ra High court postpones removal of 3k trees for iron ore extraction
Tata Motors launches 8th scrapping unit in Kolkata Capacity to recycle 15,000 vehicles annually Su...
Business 09-May-2025
Union Minister for Heavy Industries and Steel H D Kumaraswamy has said that a Detailed Project Repor...
Construction 01-Dec-2025
✅ India faces risks of steel and aluminium dumping due to US tariff changes.✅ Industry calls for p...
Business 04-Apr-2025
Nippon Steel has completed a major fundraising move, selling 600 billion yen (around $3.9 bill...
US 26-Feb-2026
Multi-billionaire Gautam Adani's group has constructed the world's largest renewable energy park in...
Renewables 12-Apr-2024
According to the government, state-owned Coal India Ltd intends to take the total number of e-vehicl...
Renewables 07-Feb-2024