ANALYSIS: India’s $133 bln infrastructure push to raise carbon costs for steel

Published 15:24 on February 4, 2026 / Last updated at 15:24 on February 4, 2026 / / Asia Pacific (Asia, Compliance Markets & Taxes), CO2 Management (CCUS), Insights (Analysis), Net Zero Transition (Industrial Decarbonisation)

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India last week announced an INR 12.2 trillion ($133 billion) infrastructure spending boost in its latest budget, with the build-out expected to see rising carbon compliance costs for steel, and to a lesser extent cement, according to experts.
India last week announced an INR 12.2 trillion ($133 billion) infrastructure spending boost in its latest budget, with the build-out expected to see rising carbon compliance costs for steel, and to a lesser extent cement, according to experts.


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