"We have to move from making crude steel to value addition"
The government has unveiled the National Steel Policy (NSP) 2017 that lays out ambitious goals.
- May 13, 2017,
- Updated May 17, 2017 12:09 PM IST
The government has unveiled the National Steel Policy (NSP) 2017 that lays out ambitious goals. These include increasing per capita consumption of steel to 160 kg from the current 61 kg and achieving production capacity of 300 million tonnes per annum by 2030/31 from the current 100 mt-plus through investments of nearly Rs 10 lakh crore. Soon after the NSP was announced, Steel Minister Chaudhary Birender Singh spoke with Business Today's Sumant Banerji and shared his long-term vision for the sector and views on the problem of stressed assets that plagues it currently. Edited excerpts:
The government has unveiled the National Steel Policy (NSP) 2017 that lays out ambitious goals. These include increasing per capita consumption of steel to 160 kg from the current 61 kg and achieving production capacity of 300 million tonnes per annum by 2030/31 from the current 100 mt-plus through investments of nearly Rs 10 lakh crore. Soon after the NSP was announced, Steel Minister Chaudhary Birender Singh spoke with Business Today's Sumant Banerji and shared his long-term vision for the sector and views on the problem of stressed assets that plagues it currently. Edited excerpts: