Speed Post News Network
New Delhi : Union Minister for Steel and Petroleum & Natural Gas, Dharmendra Pradhan, on September 23, 2019, participated at the Chintan Shivir ‘Towards a Vibrant, Efficient and Globally Competitive Indian Steel sector’, organised by Ministry of Steel, here. The event aims to bring all stakeholders together to deliberate on a roadmap for making Indian Steel Sector more vibrant, efficient and globally competitive. Minister of state for Steel Faggan Singh Kulaste was also present on the occasion.
Addressing the inaugural session, Pradhan stated that country aspires to achieve quantum jump to achieve transformational outcome. Quoting PM Narendra Modi that India is not ready to accept incremental growth, the minister said that we all must step up to meet this aspiration. He said Steel industry has an important role to play in the transition to making India a $5 trillion economy.
He said that today world wants to do business with India. He said the “Chintan Shivir must deliberate on how India can be a global player in steel sector. “We must ensure our steel industry becomes more cost effective, work on new business models, and carry out R&D efforts. We must work on the paradigm of Zero exports of India’s natural resources,” Pradhan said.
The Minister mentioned that with a large domestic market and a growing economy, India’s steel usage is set to grow. Launching the new logo of Steel Ministry “ISPATI IRADA”, Pradhan said that we must all work with an “Ispati Irada” to increase appropriate usage of steel in the country and bring more strength to society.
Pradhan informed that eastern India is on the focus of the Government. Mission Purvodaya envisioned by the Prime Minister strives to work on the paradigm of Eastern India driving national growth. “Steel industry having a significant presence in Eastern India has a key role in this regard. We are working on to make Eastern India, a steel hub,” the minister added.