India’s steel sector is set for major expansion under the proposed National Steel Policy 2025, targeting 400 million tonnes capacity by 2035–36 while shifting toward sustainability. The plan also emphasises emission reduction, green technologies, and circular economy practices
BMW Industries reported an 87 per cent rise in consolidated net profit to Rs 33.01 crore in the March quarter, driven by higher revenues. The company also posted record quarterly PAT, announced a final dividend, and expanded operations through a PNG partnership with Indian Oil Corporation
India’s reliance on Australian metallurgical coal for 90% of its steel sector exposes it to energy security risks. IEEFA urges accelerating alternative technologies like electric arc furnaces and green hydrogen to reduce dependence, ensure supply, and meet net-zero targets
