India Steel 2025 Aims for 300 MT Production Capacity
The India Steel 2025 event is set to drive India’s ambition of reaching 300 million tonnes of steel production by 2030. This global conference will foster collaboration, innovation, and policy reforms in the steel sector.
Key Highlights of India Steel 2025
- 300 MT Steel Production Target: India aims to boost capacity and per capita consumption to 160 kg by 2030.
- PLI Scheme Success: The Production-Linked Incentive (PLI) scheme has secured Rs 17,000 crore in investments for specialty steel.
- Global Participation: Delegations from Russia, Australia, Mozambique, and Mongolia will attend, enhancing international partnerships.
- Reverse Buyer-Seller Meet: A platform for trade opportunities and new business engagements.
India Steel 2025 Conference Details
- Date: April 24, 2025
- Location: Mumbai, India
- Key Speakers: PM Narendra Modi (via video conference), global industry leaders, and foreign dignitaries.
How India Steel 2025 Will Boost the Sector
The event will focus on:
- Policy Reforms: Streamlining regulations for ease of doing business.
- Technology Transfer: Collaborations with nations like South Korea and Sweden for advanced steel production.
- Supply Chain Resilience: Strengthening global competitiveness through strategic partnerships.
FAQs About India Steel 2025
Q: What is the goal of India Steel 2025?
A: To accelerate India’s steel production capacity to 300 MT and enhance global trade partnerships.
Q: Who is attending the event?
A: Industry leaders, foreign delegates, and government officials from Russia, Australia, and other key nations.
Q: How will the PLI scheme impact steel production?
A: It incentivizes specialty steel manufacturing, attracting Rs 17,000 crore in investments.
Conclusion
India Steel 2025 is a pivotal step toward achieving India’s steel dominance.