Established in August 1981, ICRIER is an autonomous, policy-oriented, not-for-profit, economic policy think tank. ICRIER's main focus is to enhance the knowledge content of policymaking by undertaking analytical research that is targeted at informing India's policymakers and also at improving the interface with the global economy. ICRIER's office is located in the institutional complex of India Habitat Centre, New Delhi.
According to the International Energy Agency (IEA), the Indian power sector is the highest emitter of carbon dioxide (CO2). In 2021, the power sector emitted 1104 MT of CO2 which was about 45% of the total emissions. Next was the industrial sector which emitted about 762 MT of CO2. Within the industrial sector, the largest contribution was from the iron and steel industry estimated at 304 MT.