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India's Steel Sector Aims for Low-Carbon Transition Amid Growth Plans

HYDROGENGREEN STEEL

India's steel sector, the world's second-largest, aims to increase production capacity from over 152 million tonnes in FY25 to 300 million tonnes by 2030 and 500 million tonnes by 2047. To address its significant carbon emissions, which contribute 10-12% of India's total, the Ministry of Steel has launched a Low-Carbon Transition Task Force and a Green Steel Taxonomy, targeting a reduction in emissions intensity from 2.54 tCO₂ to 2.2 tCO₂ per tonne of crude steel by 2030. The sector faces challenges such as reliance on coal-fired power and the need for quality scrap, highlighting the importance of policy support for sustainable growth.

India's Steel Sector Aims for Low-Carbon Transition Amid Growth Plans
Jan 23, 2026, 10:37 AM

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