Transforming the Steel Industry for Building a Stronger India
India's steel industry is gaining strength with Government of India’s thrust on infrastructure development:
India is the world’s second-largest producer of crude steel - 9.8 MT (October 2021)1
India’s finished steel consumption by 2030-31 - 230 MT
India has the fifth-highest reserves of iron ore in the world
To accelerate the nation’s infrastructure modernization, Hitachi India Pvt. Ltd. Infrastructure Systems Division collaborated with the Steel Authority of India Limited (SAIL) to establish a state-of-the-art steel mill at Rourkela, Odisha utilizing its globally proven expertise in automation systems and digital solutions. The environmentally sustainable project has enabled India’s largest steel maker to develop high grades of steel for the growing industries like Automobiles, Defence, LPG, Oil, Gas, and more and strengthened its entry into various niche market segments.
Watch the powerful video on this landmark project that has enhanced the nation’s social, environmental, and economic values for a stronger, self-reliant India.
Source:
1. https://www.ibef.org/industry/steel
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