Ministry of Steel targets 300 MT steel capacity by 2030 and 500 MT by 2047.

Key facts

• India will host Bharat Steel 2026 in New Delhi to spotlight green and resilient steelmaking.
• The two-day summit expects more than 700 international delegates across governments, public sector enterprises, private companies, start-ups and investors.
• The Ministry of Steel’s 2024 Green Steel Roadmap envisages greater use of renewable energy, pilot projects for green hydrogen, carbon capture utilisation and storage, and increased scrap use.
• The Production Linked Incentive scheme for specialty steel aims to shift output from commodity-grade to higher-grade steels for automotive, aerospace, defence and infrastructure.