India Targets Tremendous Steel Growth: Capacity Triplication by 2047

  • Steel Ambitions: The Indian government has unveiled a bold plan to triple the country's domestic steel production capacity by 2047.
  • Reaching for 500 Million Tonnes: This ambitious target aims to see steel production soar to 500 million tonnes per year by the centenary of India's independence.
  • Emission Reduction Focus: While aiming for significant growth, the plan also emphasizes reducing carbon emissions per tonne of steel produced.
  • Balancing Growth and Sustainability: The government seeks to achieve this through technological advancements and a push for greener steel production methods.
  • Long-Term Vision: This plan signifies India's commitment to becoming a global leader in steel production while prioritizing environmental responsibility.

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