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AnalysisIBEFMonday, 12 October 2026NEW

New Draft Steel Policy Targets 604 million Tonnes Capacity by 2047

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Research or analytical publication — an evidence-based assessment informing policy design and evaluation. Shapes the intellectual framework within which policy debates occur.

Summary

India’s draft steel policy targets 604 million tonnes of capacity by 2047, focusing on exports, green steel, technology and domestic production.

Key Facts

TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 12 October 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
Rs 15,000 crore for Digital India initiatives

Key Authorities

Ministry of Environment, Forest & Climate ChangeCPCBMinistry of Electronics & ITTRAICERT-In

Key Stakeholders

Forest CommunitiesPolluting IndustriesRenewable Energy FirmsInternet UsersTech CompaniesStartups

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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