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Business
India's Steel Industry: Breaking Free from Coal Dependency
✍️ The Economic Times
🗓 28 Oct 2026, 06:59 AM
👁 2
India's steel industry faces a critical juncture, needing to transition away from its reliance on coal to ensure a sustainable future.
India's steel industry, a vital sector for its economic growth, is heavily reliant on coal as a primary energy source. However, this dependence comes at a significant cost, both environmentally and economically. The industry faces increasing pressure to reduce its carbon footprint and explore alternative, more sustainable energy sources. Experts believe that a shift away from coal is crucial for the long-term viability of India's steel sector.