India's largest steelmaker, JSW Steel, has announced its commitment to investing USD 1 billion to reduce carbon emissions and achieve net neutrality by 2050. With a focus on sustainability, JSW Steel plans to decrease emissions to 1.95 tonne of CO2 per tonne of steel by 2030, a significant reduction from the current 2.36 tonne. The steel industry in India plays a substantial role in the country's energy usage and carbon emissions. By 2050, the company aims to reach net neutrality through the adoption of green hydrogen and carbon capture technologies. To realize these ambitions, JSW Steel will concentrate on enhancing processes, improving energy efficiency, shifting towards renewable energy sources, using better quality raw materials, and exploring alternative fuel choices. The company's expansion strategy includes increasing its production capacity to 51.5 million tonnes by 2030-31, with a projected output exceeding 43 million tonnes by September 2027. This growth plan will be supported by a significant capital expenditure over the next three years, primarily focused on expanding capacity at the Dolvi plant. JSW Steel's approach involves a consolidated capital expenditure for the current financial year, aimed at executing expansion projects efficiently while maintaining cost-effectiveness. The strategic positioning of the Dolvi plant, in proximity to key markets in Western India, is expected to yield substantial advantages once the project is completed in 2027.