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Carbon capture push in Budget 2026 builds up steel & cement companies' confidence

India's government is investing 20,000 crore over five years in carbon capture technology. This funding will aid hard-to-abate industries like steel and cement. These sectors face high emissions and significant costs for low-carbon solutions. The move signals strong policy support for industrial decarbonisation. It aims to help these industries meet climate goals while expanding production capacity.

3 Feb 2026 1:17 am