India's Steel Production to Surge by 32.9%

14 Oct 2024 CW Team

The growing reliance on ferrous scrap, which is derived from recycled steel products, is seen as a critical strategy to minimize the carbon footprint of steel manufacturing. This shift not only helps in conserving natural resources but also significantly reduces energy consumption and greenhouse gas emissions associated with traditional steel production methods. By integrating recycled materials into the production process, India aims to create a more resilient and environmentally friendly steel industry.

Industry experts emphasize that adopting innovative technologies and efficient recycling processes will be essential for achieving these ambitious targets. The Indian government is actively promoting policies that support the steel sector's transition towards greener practices, which includes investments in advanced recycling facilities and research into low-carbon production methods.

Additionally, the surge in steel production is expected to drive economic growth, creating jobs and enhancing the overall industrial landscape in India. As the country continues to modernize its infrastructure and urbanize rapidly, the demand for steel is set to increase, further underscoring the importance of sustainable production practices.

Overall, India's strategy to leverage ferrous scrap in steel production not only addresses immediate economic needs but also aligns with global efforts to combat climate change, positioning the country as a leader in sustainable industrial practices. This approach is anticipated to pave the way for a greener, more efficient steel industry, contributing to both national growth and global sustainability goals.

India’s steel production is projected to experience a remarkable surge of 32.9% by 2030, with the increasing utilization of ferrous scrap playing a pivotal role in this growth and the broader decarbonization efforts in the industry. As the demand for steel rises, the focus is shifting towards more sustainable practices that reduce carbon emissions and promote circular economy principles. The growing reliance on ferrous scrap, which is derived from recycled steel products, is seen as a critical strategy to minimize the carbon footprint of steel manufacturing. This shift not only helps in conserving natural resources but also significantly reduces energy consumption and greenhouse gas emissions associated with traditional steel production methods. By integrating recycled materials into the production process, India aims to create a more resilient and environmentally friendly steel industry. Industry experts emphasize that adopting innovative technologies and efficient recycling processes will be essential for achieving these ambitious targets. The Indian government is actively promoting policies that support the steel sector's transition towards greener practices, which includes investments in advanced recycling facilities and research into low-carbon production methods. Additionally, the surge in steel production is expected to drive economic growth, creating jobs and enhancing the overall industrial landscape in India. As the country continues to modernize its infrastructure and urbanize rapidly, the demand for steel is set to increase, further underscoring the importance of sustainable production practices. Overall, India's strategy to leverage ferrous scrap in steel production not only addresses immediate economic needs but also aligns with global efforts to combat climate change, positioning the country as a leader in sustainable industrial practices. This approach is anticipated to pave the way for a greener, more efficient steel industry, contributing to both national growth and global sustainability goals.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..