<h1>India urged to fund green steel tech as planned capacity risks decades of coal-heavy emissions and import dependence</h1> India's planned expansion of steel capacity from 180 to 300 million tonnes, 92 per cent of which is yet to be built, creates a long-term emissions risk if conventional blast furnace technology is used, locking in carbon-intensive assets for 30-40 years and increasing dependence on imported metallurgical coal. A global think tank urges targeted public finance to de-risk technically proven but commercially uncertain green steel technologies, noting international experience where substantial public support has been essential. Indian measures under development include a National Mission for Sustainable Steel, green public procurement mandates, and a Carbon Credit Trading Scheme, but current funding levels are assessed as modest relative to the transformation required.