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Thursday, 08 December 2022 08:33 GMT

Steel Ministry Sets Up Two Advisory Bodies To Help Achieve 300 Mt Output Target By 2030

(MENAFN- KNN India) Steel ministry sets up two advisory bodies to help achieve 300 mt output target by 2030

New Delhi, Oct 6 (KNN) To achieve the set target of 300 million tonne of production capacity by 2030 and to overcome the challenges faced by the industry, the Ministry of Steel has constituted two advisory bodies.

Members of the steel industry, associations, academia, and senior retired government officials are members of the two separate committees formed for integrated steel plants (ISPs) and the secondary steel sector, the Steel Ministry said.

“The Ministry has constituted two advisory committees, one each for the ISPs and the secondary sector. These committees take cognisance of the issues being faced by the sector and deliberate on the ways and means to mitigate them so as to achieve a targeted crude steel production capacity of 300 MT by 2030-31, as envisaged in the National Steel Policy 2017,” it added.

As per reports, the advisory committee has already conducted several meetings on ISPs and the secondary sector since its formation.

“The Ministry is extensively engaged with all concerned stakeholders and has been holding consultations with them to develop and finalise the contours of 'Vision 2047' for the sector,” it noted.

In this regard, a stakeholder meeting was held on 25th August 2022, attended by industry players and associations. Inputs and suggestions of all stakeholders have been sought on Vision 2047. (KNN Bureau)


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