India’s steel sector aims to reach 300 million tonnes capacity by 2030 and 400 million tonnes by 2035. The announcement came from the Ministry of Steel during a high-level meeting with global diplomats. Steel Secretary Sandeep Poundrik outlined expansion and modernization plans. The ministry also previewed Bharat Steel 2026, scheduled for April 16–17, 2026, at Bharat Mandapam in New Delhi.
The government invited suggestions from diplomats to shape the roadmap for the event. Officials highlighted India’s shift toward low-carbon production and advanced technologies. Poundrik encouraged global collaboration to strengthen sustainable supply chains. He stressed innovation, efficiency, and environmental responsibility as core priorities.
India’s strategy focuses on raw material security and faster technology transfer. The sector also promotes green steel production and global partnerships. The PHD Chamber of Commerce and Industry said recycled steel can cut emissions by 28 percent. One tonne of scrap saves iron ore and coking coal, supporting cleaner production.
Analysts estimate steel demand will grow around 8 percent in FY26. This growth may add 11–12 million tonnes annually. India’s carbon intensity stands at 2.55 tonnes of CO₂ per tonne of steel.
