
Can ship recycling green India’s steel sector? 5 key findings from our research
Steel forms the backbone of modern economies, and India, as the world’s second-largest steel-producer, is on a path of rapid expansion. By 2030, India’s steel production is projected to double, driven by rising demand from infrastructure and manufacturing. However, this growth comes with a significant environmental cost—steel production accounts for 12 per cent of India’s greenhouse gas emissions, a number far higher than the global average. For India to achieve its net-zero ambitions, decarboni...