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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.
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