Business

During International Trade Fair Union Minister for Steel to inaugurate ministry’s pavilion

During International Trade Fair Union Minister for Steel to inaugurate ministry’s pavilion

During International Trade Fair Union Minister for Steel to inaugurate ministry’s pavilion

New Delhi: The Ministry of Steel, Government of India announces the inauguration of the Ministry of Steel Pavilion at the 36th edition of India International Trade Fair (IITF), the largest integrated trade fair on Monday i.e. 14th November, 2016, at 04.00 PM at stall no 15-a, at hall 18U, Pragati Maidan, New Delhi.

The Union Minister for Steel Chaudhary Birender Singh and Secretary, Steel, Dr. Aruna Sharma will be present to inaugurate the Ministry of Steel stall ‘Ministry of Steel Pavilion’, where the country’s public and private sector steel making capabilities come together on display. Steel PSU & Private sector chiefs and senior officials from Ministry of Steel will also be present.

Steel, owing to its high tensile strength, low cost and inherent uses, is the backbone of any modern civilization and is very important for a growing economy like India. The government of India is focused on a steady manufacturing climate, accelerating the manufacturing potential in the country by leaps & bounds. In-line with ‘Make-in-India’ initiative, our steel companies like ESSAR Steel, FSNL, HSCL, JPC, JSL, JSPL, JSW, KIOCL, MECON, MOIL, MSTC, NMDC, RINL, SAIL and TATA Steel, have emphasized on innovation and R&D to developed new products empowering industries to manufacture indigenously, state of the art products like INS Vikrant, India’s first indigenous air craft career, bullet proof steel, nuclear power plants or space exploration missions and become widely recognized as purveyor of high-end, value-added steel.

Digitalization has emerged as catalysts for rapid economic growth, ultimately transforming the nation. Indian Steel Industry which is highly automated has introduced digital technologies across processes such as operations research, product development, software development, robotics & mechanical engineering, mining, pelletization, raw material handling, coke oven, sinter plant, blast furnace, long product mill, continuous casting, SMS/BOF, flat product mill, supply chain management, procurement, retail and online sales of steel.

The steel industry is constantly researching on new technologies to enhance the world’s strongest and versatile material; currently there are over 2000 grades of steel globally of which 1500 grades are high grade steel. Iron and steel are used widely in the construction of roads, railways, energy, packaging, appliances, transport, infrastructure, buildings & large modern structures, such as stadiums and skyscrapers, bridges, and airports, are supported by a steel skeleton. Other common applications include shipbuilding, pipelines, mining, offshore construction, aerospace, white goods (e.g. washing machines), heavy equipment such as bulldozers, office furniture, steel wool, tools, and armour in the form of personal vests or vehicle armour, Cutlery, Rulers, Surgical instruments, Watches, Guns, Rail passenger vehicles, IT, Tablets, Electronics, Trash Cans etc.

More in Business