Decarbonizing the steel industry is a global challenge due to its energy-intensive processes and carbon-heavy inputs. India is focusing towards sustainability and climate change. In alignment with the announcement made by Hon’ble PM in COP26 Summit to reduce carbon intensity of India’s economy by more than 45% by 2030 and achieve net-zero by 2070, Ministry of Steel has initiated a journey towards producing low-carbon steel in a sustainable manner, implementing streamlined efforts and strategies to facilitate the sector's transition. These initiatives aim to decarbonize the steel industry by leveraging multiple technological and process-oriented solutions.
Towards this, Ministry has published a comprehensive report titled “Greening the Steel Sector in India: Roadmap and Action Plan” outlining the strategies for green transition of the steel sector. Recently, Green Steel Taxonomy for India has been notified as a foundational tool for the development of green steel market, driving investments in green technologies and thus enhancing India's role in the global industrial decarbonisation landscape