The Ministry of Steel in India is set to launch the 'PLI scheme 1.1' for the steel industry to boost domestic manufacturing and attract investments. The scheme has already garnered a substantial commitment in investment and created direct employment opportunities. Additionally, the government is focusing on enhancing the industry's environmental sustainability through initiatives like the 'Green Steel Mission', aimed at reducing carbon emissions and moving towards a Net Zero Target. The National Green Hydrogen Mission, led by the Ministry of New and Renewable Energy, aims to leverage green hydrogen to decarbonize steel production, aligning with global sustainability goals. The recent release of Taxonomy for Green Steel sets standards for low emission steel production, fostering a market for green steel and providing financial support. Overall, the steel industry in India is witnessing a shift towards sustainable growth and innovation, with a strong emphasis on environmental responsibility and technological advancement.