Page 60 - CONSTRUCTION VISION July August 2017 issue

to demand generation and ensuring However, the most important aspect for bring synergistic benefits for the steel and
optimal deliveries to the customers. the Indian steel industry is the huge end-user community in India.
availability of key raw material i.e. Iron
The Indian steel, one of the core Ore. Though the recent mining restrictions Thus, India Steel 2017 is rightly positioned
industries in India, is the world's third have put a strain on its availability, if to lay the roadmap to the vision of 300MT
largest producer of crude steel and is explored and mined, with the aid of latest by 2025 by highlighting inter-linkage
expected to become the second largest technology, it can provide the much between the Indian mining & steel
producer soon. The per capita needed competitive advantage to the industries and how effective & efficient
consumption of steel is generally accepted domestic steel players in India. mining can make Indian steel industry
as a yardstick to measure the level of proud at the global landscape. It will also
socio-economic development and living Also, for the programmes like “Make in showcase the importance of supply chain
standards of its countrymen. Therefore, no India” to be successful, it is important that in the Indian Steel industry and
developing country can afford to ignore both the mining and steel are integrated to opportunities therein.
the steel industry.

Steel industry
derives its demand
from other
important sectors
like infrastructure,
aviation,
engineering,
construction,
automobile, pipes
and tubes etc. Thus
its intense
integration with
other important
industries makes it
a strategic sector
for the
Governments as
well as the
economy as a
whole.

58 CONSTRUCTION VISION
JULY-AUGUST 2017