Min­is­ter calls for na­tional in­sti­tute for steel in­dus­try

Project Monitor - - FRONT PAGE - PM NEWS BUREAU

The Min­is­ter of State for Mines, Steel, Labour and Em­ploy­ment, Vishnu Deo Sai, has said that with the huge tar­gets set by the steel in­dus­try and the scale that In­dia has al­ready achieved, it had be­come nec­es­sary to op­er­a­tionalise a na­tional level in­sti­tute ded­i­cated for In­dian steel in­dus­try.

Speak­ing at launch func­tion of In­dia Steel Expo 2015, to be held in Mumbai from April 16-18, 2015, the min­is­ter said, “This in­sti­tute should act as a nodal learn­ing and knowl­edge dis­sem­i­na­tion point for en­hanc­ing skill de­vel­op­ment, tech­nol­ogy en­hance­ment, re­search and de­vel­op­ment, and other tech­ni­cal ef­fi­cien­cies for the In­dian steel man­u­fac­tur­ers. The pro­posed in­sti­tute should have ex­pert guid­ance from ex­ist­ing na­tional level in­sti­tutes such as IITs, IIMs and oth­ers. It should also be ca­pa­ble of guid­ing the do­mes­tic man­u­fac­tur­ers on for­eign col­lab­o­ra­tions.”

In­dia Steel Expo is ex­pected to pro­vide a plat­form to the stake­hold­ers, which would help usher a new era in the In­dian steel in­dus­try’s growth path; not only in terms of pro­duc­tion but also around tech­nol­ogy de­ploy­ment and sup­ply chain man­age­ment. It will showcase In­dia as one of the most com­pet­i­tive pro­duc­ers of steel and one of the fastest grow­ing steel mar­kets.

“We have been talk­ing about 300 mil­lion tpa tar­get for pro­duc­tion by 2025. Though there are many con­stituents in the ecosys­tem that doubt the achieve­ment of the same, we, how­ever, firmly be­lieve that if we chan­nelise our en­er­gies into the right di­rec­tion, the tar­get is very much achiev­able. For the achieve­ment of such huge tar­gets, it is nec­es­sary that all the stake­hold­ers join hands and rise above in­ter­nal con­flicts to work as one unit and head strongly to­wards the goal,” the min­is­ter ob­served.

As per the Na­tional Steel Pol­icy 2005, the to­tal pro­duc­tion of steel is pro­jected at 110 mil­lion tonnes by year 2019-20. The New Na­tional Steel Pol­icy is still in the draft stage.



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