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Domestic steel must meet global standards to lead: Commerce Joint Secy
The Business Guardian
|September 10, 2025
The Government urged domestic steel producers to meet and maintain global standards to provide a thrust to the sector.
Addressing the ISA Steel Conclave at New Delhi on Tuesday, Joint Secretary in the Commerce Ministry, Vimal Anand, said, "If we want to reach the top, we have to pay attention to global standards and sustainability goals." India is the world's second-largest crude steel producer and is set to become a global leader in steel capacity and production by 2030-31. "In steel, we are the second-largest producer with an annual production capacity of 200 million tonnes, which is remarkable. We are trying to become a world leader," Anand said. The industry aims to increase its production capacity to 300 million tonnes by 2030.
This story is from the September 10, 2025 edition of The Business Guardian.
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