India to become world's number one producer of steel: Mr. Jyotiraditya Scindia
- IBEF
- August 24, 2022
On August 23, Minister of Civil Aviation and Steel, Mr. Jyotiraditya Scindia, stated that India would soon become the world's top steel producer. The Minister was addressing an NMDC and FICCI-organized conference on the Indian minerals and metals business. After China, India is the second-largest producer of crude steel worldwide.
He believed that India had switched from being a net steel importer to an exporter of steel. According to him, India now consumes 78 kg of steel per person, up from 57.8 kg in 2013–14. By 2030, the government wants to produce 300 million tonnes (MT) of steel, according to Mr. Scindia.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
Partners
