SME Times News Bureau | 19 Sep, 2019
Minister of Petroleum and
Natural Gas & Steel 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 today, 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.
“Industry must reimagine
strategy to position itself as a global leader. Zinc industry is poised to
grow, ensuring longevity of steel by reducing corrosion, and thereby adding to
the GDP of the country.” he added.
He said, “We have all
ingredients to benchmark with the best in the world and go beyond.”
Pradhan 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. We have
the potential to benchmark our Steel industry with the best in the world. We
must link our aspiration to the world market.