Key Points

The Indian Chamber of Commerce recently convened a landmark forum focusing on transforming India's steel industry through green technologies. Industry leaders discussed critical strategies for reducing carbon emissions and adopting circular economy principles. Experts emphasized the importance of policy support and technological innovation in achieving sustainability goals. The forum highlighted India's potential to become a global leader in green steel production by 2047.

Key Points: Green Steel Future Explored at ICC Minerals Forum

  • ICC hosts critical forum on decarbonizing India's steel sector
  • Experts highlight green hydrogen and renewable energy potential
  • Policy support crucial for sustainable metal manufacturing
  • Circular economy strategies key to reducing carbon emissions
2 min read

Indian Chamber of Commerce hosts 14th India Minerals and Metals Forum, focuses on green steel and circular economy

India's top industry leaders discuss sustainable steel production, circular economy, and green hydrogen strategies at 14th ICC Minerals Forum

"Green steel is not just a vision for tomorrow--it is a responsibility we must begin fulfilling today. - VR Sharma, JSPL Vice Chairman"

New Delhi, July 3

The Indian Chamber of Commerce (ICC) on Thursday hosted the 14th India Minerals and Metals Forum in New Delhi. The event focused on the vital role of green steelmaking and the circular economy in steering India's steel industry towards a sustainable, low-carbon future.

The forum convened policymakers, industry leaders, and experts to deliberate on green steel's potential in decarbonising India's steel sector, currently the second largest in the world and a significant contributor to global CO2 emissions.

The discussions also emphasised integrating low-carbon technologies, including hydrogen-based production, into the steel manufacturing process. Speakers also highlighted barriers to circular economy adoption, such as policy limitations and structural challenges.

"In India, national initiatives like the Green Hydrogen Mission will undoubtedly support our industry's move in this direction. At Jindal Stainless, we are consistently investing in renewable energy sources and have an integrated green hydrogen roadmap. To create more value addition and meaningful impact, it will take a unified push from across the value chain to truly redefine the future of metals. Platforms like the India Minerals and Metals Forum are crucial in turning intent into industry-wide action," said Abhyuday Jindal, ICC President and MD of Jindal Stainless.

Alok Sahay, Secretary General of the Indian Steel Association, emphasised the importance of aligning India's infrastructure goals with sustainability targets. "To meet our vision of 500 million tonnes by 2047, we must ensure policy support, secure returns for investors, and promote green steel adoption through concrete regulatory mandates. Only then can we create a truly self-reliant and resilient steel ecosystem that supports India's development and safeguards its future," he noted.

JSPL Vice Chairman VR Sharma echoed the urgency: "Green steel is not just a vision for tomorrow--it is a responsibility we must begin fulfilling today."

"Throughout the day, the conference hosted a series of high-impact plenary sessions that explored critical themes such as green steel making in India, circular economy in steel industry and the role of CBAM and non-ferrous metals and their carbon footprint," ICC said in a release.

- ANI

Share this article:

Reader Comments

P
Priya S
As someone working in manufacturing, I can say the circular economy concepts discussed here are game-changers! But implementation is the real challenge - our small-scale units need government support to adopt these technologies. The policy framework must be more inclusive.
R
Rohit P
Good initiative but I'm skeptical. Big industries talk about green tech but still dump waste in our rivers. Actions speak louder than conferences. When will we see actual change on ground? #ShowMeTheResults
S
Sarah B
The hydrogen-based production focus is brilliant! India could become a global leader in this space. But we need more R&D investment and skill development programs to make this sustainable transition successful.
K
Kavya N
Steel industry workers' concerns must be addressed too. New technologies mean job changes - hope the human aspect isn't forgotten in this green transition. Training programs should run parallel to these developments.
V
Varun X
Circular economy is the future ♻️ But implementation needs public awareness too. If we consumers demand green steel products, companies will have to deliver. Time for all of us to be more responsible!

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50