India cracking down on steel imports, backing PSU Global acquisitions, green steel-making push planned: Kumaraswamy

India is tightening steel import controls while supporting PSUs' global acquisitions and planning a green steel manufacturing push, according to Steel Minister Kumaraswamy. This strategic approach aims to boost domestic production capacity while transitioning to sustainable steelmaking. The policy reflects India's balancing act between protecting local industry and meeting climate commitments.