The objective of the study is to generate a technology and policy focussed assessment for the Indian I&S sector and to provide support to the industry and BEE in the implementation of the Perform Achieve Trade (PAT) mechanism. The study focuses on the following key aspects: Study the present state of the I&S sector; Sub-process specific technical models to study the process behaviour with varied inputs; Policy focused study of sample plants and techno-economic analysis of their performance in the PAT mechanism; and Highlight the key Polices and Challenges.