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India's Steel Industry Poised for Global Growth, Focus on FTAs and Self-Reliance: Piyush Goyal

The Statesman Bhubaneswar

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April 26, 2025

India's steel industry is set to play a significant role in meeting both domestic and global demand, Union Commerce Minister Piyush Goyal said on Friday.

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The minister emphasised India's position as a highly efficient, cost-effective, and high-quality producer of steel, asserting that the sector will not only cater to India's growing needs but also contribute significantly to global demand in an increasingly competitive environment.

"The country is actively pursuing free trade agreements (FTAs) with countries and regional blocs, including the European Union (EU), the United Kingdom (UK), the United States (US), and New Zealand, to gain greater access for its steel products," Goyal said at the sidelines of the Steel India 2025 event here.

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