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Govt Formulating Global Steel Strategy
The Business Guardian
|December 31, 2024
The Ministry of Steel is formulating a comprehensive outlook for global strategy on steel.
In its year-end review for 2024, the ministry says this strategy focuses on raw materials, investments, technology, and exports to align India's steel sector with international best practices.
Partnerships and international collaborations are being explored to position India as a global leader in steel production and exports. In the Year-End Review, the ministry marks significant strides in the sector enhancing sustainability, fostering domestic manufacturing, and ensuring the quality of steel in India.
The ministry has focused on initiatives like the Green Steel Mission, the Production Linked Incentive (PLI) Scheme for Specialty Steel, and measures for standardization and quality control.
Dit verhaal komt uit de December 31, 2024-editie van The Business Guardian.
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