top of page

IEEFA: Ambition's Abyss: India's Steel Sector's Decarbonisation Deficit
A new report assessing seven Indian steel producers finds that emissions intensity has worsened for most companies over three years, despite bold climate targets. No company globally scores above 43% on financial alignment, exposing a universal green steel financing gap. India's steel capacity is set to reach 300 million metric tons per year by 2030. The report calls for urgent government action through the Green Steel Mission, carbon pricing, & targeted fiscal instruments to convert corporate intent into real-world execution.
bottom of page