Industry Overview
The steel industry has emerged as a major focus area given the dependence of a diverse range of sectors on its output as India works to become a manufacturing powerhouse through policy initiatives like Make in India.
With the industry accounting for about 2% of the nation’s GDP, India ranks as the world’s second-largest producer of steel and is poised to overtake China as the world’s second-largest consumer of steel. Both the industry and the nation’s export manufacturing capacity have the potential to help India regain its favourable steel trade balance.
The National Steel Policy, 2017 envisage 300 million tonnes of production capacity by 2030-31. The per capita consumption of steel has increased from 57.6 kgs to 74.1 kgs during the last five years.
About the Event
An ideal platform and environment for business networking with peers from steel & metallurgy and allied industry in an open and informative atmosphere, wherein you meet new and existing clients, generate new business, analyse your competitors all in one place, leading to further partnerships, ancillary services or new clients. The event is expected to be participated by Major corporates, State Governments, PSUs, SME’s, Trade Commissions, Industry Associations, Foreign Chambers etc. from India and Overseas.