India's Steel Sector Fuels Self-Reliance and Industrial Growth
India's steel industry has emerged as a significant driver of the country's industrial growth and self-reliance. As the world's second-largest steel producer since 2018, India has seen its steel consumption more than double over the past 12 years. This growth has been supported by government initiatives to ensure raw material availability, reduce production costs, and enhance access to global markets. The Production Linked Incentive (PLI) scheme has further bolstered the sector, leading to increased production and job creation. The focus is now shifting towards green steel production to reduce carbon emissions, aligning with India's commitment to achieving net zero emissions by 2070. 
