‘Steel sector saved ₹34,800 cr forex, added 60 MT capacity in 9 yrs’
Millennium Post Delhi|June 08, 2023
'From installed capacity of 109.85 MT in FY15, India's steel capacity climbed by a sharp 46% to 160.30 MT in FY23'
‘Steel sector saved ₹34,800 cr forex, added 60 MT capacity in 9 yrs’

NEW DELHI: The government policies for steel sector helped the country save Rs 34,800 crore in foreign exchange by reducing imports and added around 60 million tonnes (MT) of crude steel capacity, Union Minister Jyotiraditya Scindia said.

India pushed Japan to third place to become the world's second largest steel producing nation, the minister for steel said while addressing a press conference titled "The 9-years of government's seva, sushasan and gareeb kalyan focusing on steel sector.

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