India aims to produce 300 million steel

India recently became the second largest steel producer, ahead of Japan. The government's goal now is to produce 300 million tonnes (of steel) by 2030 from about 100 million tonnes at present.

Increased production means there must be an increase in demand, ”said D Datta, AGM, Institute for Steel Development and Growth (INSDAG), an organization that works“ in unison with all stakeholders in the steel industry to develop ways and means. ” more efficient use of steel and optimal value for the customer. "

In her keynote speech at the Why Steel? Workshop organized by Steel Scenario in conjunction with the Union's Ministry of Steel here on Wednesday, Datta said: “India is transforming from a developing nation to a developed nation. There is now a surge in construction activity. This requires a lot of investment in the infrastructure sector, including housing. "