Market trends

India Sets Emission Reduction Targets for Its Iron & Steel Entities

India Sets Emission Reduction Targets for Its Iron & Steel Entities The Central Government is adding the Iron & Steel sector to the Greenhouse Gases Emission Intensity Target Rules and setting time-bound emission reduction targets for 255 Iron & Steel manufacturing facilities across India. With this addition, the emission reduction rules now cover nine industrial sectors in India: Cement, Chlor-alkali, Iron & Steel, Aluminium, Textile, Petrochemicals, and others. Table: Salient features of Draft Greenhouse Gases Emission Intensity Target (Amendment) Rules,…

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India Installs Record 26 GW Solar and 3 GW Wind Capacity in H1 2026

India Installs Record 26 GW Solar and 3 GW Wind Capacity in H1 2026 India sustained its clean energy growth trajectory by adding approximately 26 GW of new solar and 3 GW of wind capacity during the first half of 2026 (January–June). Solar installations during H1 2026 have already reached nearly 70% of the total solar capacity added during the entire CY2025. Compared to H1 2025, solar installations increased by 43%, while wind capacity additions declined by 16% year-on-year. As…

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India’s EV Market Grows 43% YoY in H1 2026

India’s EV Market Grows 43% YoY in H1 2026 Market overview The overall EV market in India recorded 15,41,377 units in H1 2026 (Jan 2026- Jun 2026), a 43% increase year-on-year (YoY), with EV penetration rising to 11.43% from 8% in H1 2025 (Jan 2025- Jun 2025). Segment-level trends reveal how electrification is progressing across different vehicle categories. Figure 1: Segment-wise EV sales in India, H12025 Vs. H12026 Source: JMK Research, Vahan Dashboard E2W: The E2W segment remained the largest…

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Can Delhi’s New EV Policy Deliver 95% EV Registrations by 2027?

Can Delhi’s New EV Policy Deliver 95% EV Registrations by 2027? Delhi has been one of India’s leading electric vehicle (EV) markets over the past few years. Building on the success of its 2020 EV policy, the city has now rolled out the Delhi EV Policy 2026, effective from July 1, 2026, to March 31, 2030. Backed by an estimated INR 15,000 crore in incentives and tax exemptions, the policy is among the most ambitious state-level EV initiatives in India.…

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