Iron & Steel

India was the world’s second-largest steel producer with production standing at 106.5 MT in 2018-19. The manufacturing sector of any economy is one of the key drivers of its employment and growth. National steel policy has envisioned the steel capacity with 300 MT and per capita consumption to 160 kg by 2030. Per capita steel consumption directly correlates with GDP in any developing economy. In the quest towards US$ 5 trillion economy, steel sector in India is therefore expected to play a significant role. The industry is also important given that India is one of the leading producers of the metal and the government’s policy framework is proactive with the challenges that the industry faces during its journey.
 
The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labor. ASSOCHAM National Council on Steel has leading players from the steel industry.  The council has been constituted to bring forth the issue and concerns of the steel industry to the Government and help in promoting research and development and strategy to enhance steel consumption in the country. ASSOCHAM council will hold discussion on important policies and issues which are faster resolution of stressed assets, issue of cheaper import due to FTA’s,  raw material security and strategies to enhance per capita consumption of steel.


CHAIRMAN

CO-CHAIRMAN

CO-CHAIRMAN

 Mr. Prakash Tatia
Ex-Chairman
Mfrs Association

Mr M V Subba Rao
Chairman & Managing Director
KIOCL
Mr A K Saxena
Executive Director
Tata Steel BSL Ltd

 

NODAL OFFICER

Mr. Jaidev Sharma
ASSOCHAM
5, Sardar Patel Marg, Chanakyapuri
New Delhi - 110021
Phone: 011 46550555
jaidev.sharma@assocham.com