Dharmendra Pradhan Bats for Increasing Steel Consumption , Strategic Roadmap for Industry 4.0
Brajesh Jha
New Delhi : Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan chaired a meeting today on steel demand outlook. Senior officials of Ministry of Steel, Joint Plant Committee and CRISIL were present in the meeting.
Minister Pradhan in the meeting reviewed the steel demand scenario in the country and deliberated on a future roadmap for enhancing steel consumption. Discussions centered around exploring ways to enhance steel consumption in the country, reducing imports and making India a net steel exporting nation. Shri Pradhan, suggesting a completely new paradigm, said the world is in midst of Industrial Revolution 4.0 and any strategy for further growth must align with new technologies and innovations shaping the landscape. Adopting a bold approach, Minister Pradhan asked the officials to aim at making India a global leader in futuristic materials which will used in industries of future like electric mobility.
As per National Steel Policy 2017 report, India’s per capita steel consumption stands at 61 Kg as compared to world average of 208 Kg. India was a net importer of steel during the 2018-19 fiscal year.
