Union Minister of Steel and Heavy Industries, H.D. Kumaraswamy, is set to launch the 'PLI scheme 1.1' for the steel industry in New Delhi. The scheme, initiated in November 2020, has already attracted significant investment, created direct employment, and boosted Specialty Steel production for critical sectors like aerospace, defense, and automotive. The Ministry of Steel's focus on Production-Linked Incentives (PLI) underscores the importance of domestic manufacturing, with recent extensions to include steel. Additionally, the 'Green Steel Mission' with a cost of Rs 15,000 crore aims to reduce carbon emissions and promote green steel, aligning with the Net Zero Target. The integration of the steel sector into the broader goal of producing and using green hydrogen under the National Green Hydrogen Mission showcases India's commitment to decarbonization. The Taxonomy for Green Steel and initiatives like the Steel Scrap Recycling Policy emphasize sustainable steel production practices. Pilot projects using hydrogen in DRI production and Blast Furnaces highlight India's shift towards green technology adoption. The formulation of a global strategy positions India as a key player in the steel industry, focusing on collaborations in raw materials, investments, technologies, and exports. Overall, the article portrays a positive sentiment towards India's efforts to drive green transformation and establish global leadership in the steel sector.