India to Release New National Steel Policy, Eyes 600 million Tonnes Capacity by 2047, Steel Secretary, Mr. Sandeep Poundrik
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Summary
India is set to release a new National Steel Policy for public consultation, targeting 600 million tonnes of steelmaking capacity by 2047 and measures to strengthen competitiveness and decarbonisation.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedWednesday, 30 September 2026
Affected PopulationAll citizens, 275 million forest-dependent people
Key Numbers
Net-zero target: 2070
50% non-fossil fuel energy capacity by 2030
Green Climate Fund: $3 billion committed
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionMonday, 12 October 2026via ibef
India’s draft steel policy targets 604 million tonnes of capacity by 2047, focusing on exports, green steel, technology and domestic production.