Growth In India’s Energy Needs Will Fuel Growth In Steel Consumption: Minister of Petroleum and Natural Gas


Growth In India’s Energy Needs Will Fuel Growth In Steel Consumption: Minister of Petroleum and Natural Gas

Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan has assured the steel industry that the Government will be its friend and facilitator, and is committed to creating a conducive atmosphere for the industry.

Inaugurating the 3rd International Galvanizing Conference in New Delhi, he said that growth in India’s energy needs will also fuel the growth in Steel consumption. PM Awas Yojana, Har Ghar Jal Yojana, plan to provide piped natural gas in 400 cities – all present great opportunity for the steel sector. He appealed to industry to reimagine strategy, contribute towards vision of $5 Trillion economy. India is blessed with raw material availability, demographic dividend, vast coastline and a large market. He said that we have all ingredients to benchmark with the best in the world and go beyond.

He said the industry must focus on producing high quality, low cost products. The steel industry must touch the lives of common citizens. Galvanised steel can play an important role by being cost effective. India is blessed with raw material availability, demographic dividend, vast coastline and a large market.  Read more

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