India steel, cement industry need Rs 47 lakh cr to go net 0
ECONOMY & POLICY

India steel, cement industry need Rs 47 lakh cr to go net 0

A recent report has highlighted that the domestic steel and cement industries in India will necessitate a staggering investment of Rs 47 lakh crore (approximately USD 627 billion) to align with net-zero carbon emission targets. India, the second-largest producer of steel and cement globally, faces the challenge of addressing the high emissions associated with these hard-to-abate industries.

The Council on Energy, Environment, and Water (CEEW) presented this insight in their report, emphasizing the substantial capital expenditure (CAPEX) that existing steel and cement facilities in India will need to undergo to achieve net-zero carbon emissions. The investment requirement of Rs 47 lakh crore underscores the monumental task ahead for these sectors.

Furthermore, the CEEW report indicates that, on an annual basis, each of these industries will need an additional operational expenditure (OPEX) of Rs 1 lakh crore to transition towards a net-zero emissions model. This ongoing expenditure is a crucial aspect of the journey to sustainability and emissions reduction in these emission-intensive sectors.

The CEEW's analysis also offers hope by suggesting that substantial reductions in emissions are possible within these industries. Specifically, an 8-25 percent reduction in steel emissions and a significant 32 percent reduction in cement emissions can be achieved without causing an increase in prices. This can be accomplished by adopting more efficient technologies, including waste-heat recovery systems and energy-efficient drives and controls.

As India strives to meet its environmental commitments and contribute to global climate goals, these findings highlight the magnitude of investment and the potential for greener technologies to play a transformative role in the country's steel and cement industries.

A recent report has highlighted that the domestic steel and cement industries in India will necessitate a staggering investment of Rs 47 lakh crore (approximately USD 627 billion) to align with net-zero carbon emission targets. India, the second-largest producer of steel and cement globally, faces the challenge of addressing the high emissions associated with these hard-to-abate industries. The Council on Energy, Environment, and Water (CEEW) presented this insight in their report, emphasizing the substantial capital expenditure (CAPEX) that existing steel and cement facilities in India will need to undergo to achieve net-zero carbon emissions. The investment requirement of Rs 47 lakh crore underscores the monumental task ahead for these sectors. Furthermore, the CEEW report indicates that, on an annual basis, each of these industries will need an additional operational expenditure (OPEX) of Rs 1 lakh crore to transition towards a net-zero emissions model. This ongoing expenditure is a crucial aspect of the journey to sustainability and emissions reduction in these emission-intensive sectors. The CEEW's analysis also offers hope by suggesting that substantial reductions in emissions are possible within these industries. Specifically, an 8-25 percent reduction in steel emissions and a significant 32 percent reduction in cement emissions can be achieved without causing an increase in prices. This can be accomplished by adopting more efficient technologies, including waste-heat recovery systems and energy-efficient drives and controls. As India strives to meet its environmental commitments and contribute to global climate goals, these findings highlight the magnitude of investment and the potential for greener technologies to play a transformative role in the country's steel and cement industries.

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?