The Union Cabinet approved India’s updated Nationally Determined Contribution for 2031-2035 on March 25, 2026 — committing to a 47% reduction in emissions intensity of GDP from 2005 levels by 2035, a 60% non-fossil installed capacity share, and a carbon sink of 3.5-4 billion tCO₂e. India has already achieved 52.57% non-fossil capacity as of February 2026, meaning the power sector target is effectively achieved nine years early. The emissions intensity target — now 47% from 2005 levels versus 36% already achieved through 2020 — requires approximately 11 percentage points of further GDP intensity reduction over 2020-2035, or roughly 0.73 percentage points per year. But here is the industrial-sector contradiction that the 2035 NDC must resolve: while power sector emissions fell 3.8% in 2025, steel emissions rose 8% and cement emissions rose 10%. The industrial sector is moving in the wrong direction at exactly the moment the NDC announces a higher ambition. This article translates the 47% NDC target into sector-by-sector industrial language: what the required GDP intensity trajectory implies for CCTS GEI target-setting through Phases 3 and 4, how the 60% non-fossil capacity target interacts with industrial Scope 2 emissions, what the Carbon Brief analysis reveals about the contradiction between economic growth and intensity-based targets, and what the NITI Aayog $8 trillion investment requirement means for industrial green finance through 2035.