In this episode of the EY India Insights podcast, part of our Energy Transition Dialogues series, we explore the emerging green steel industry in India and its role in shaping sustainable growth. Kapil Bansal, Partner, Energy Transition and Decarbonization, EY India, and author of the EY report Energy transition investment trends in India, explains how green steel is becoming central to India’s decarbonization and net-zero agenda.
He highlights how demand from construction, infrastructure, and automotive sectors, alongside government initiatives mandating sustainable procurement, is fueling the sector’s growth. While challenges such as technological readiness, regulatory compliance, and the need for significant capital investment remain, the opportunities for innovation and financing are substantial. Building a commercially viable green steel ecosystem will be critical for India’s clean energy ambitions.
