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India is one of the most attractive global investment destinations in the steel sector:Dharmendra Pradhan

New Delhi:24/2/20: Union Minister for Steel and Petroleum & Natural Gas Dharmendra Pradhan, participated in a workshop on ‘Enabling Procedures for an increase of steel usage for the growth of Economy’ here today. The aim of the workshop was to hold deliberations among key stakeholders to further increase the steel usage in sectors such as construction & infrastructure for the growth of the economy.

The workshop is organised by the Ministry of Steel in collaboration with the Confederation of Indian Industries(CII), Ministry of Economy, Trade, and Industry, Govt. of Japan and the Association for Overseas Technical Cooperation and Sustainable Partnerships of Japan. His Excellency, the Ambassador of Japan to India Mr. Satoshi Suzuki also participated in the workshop.

Addressing the inaugural session, Pradhan focused on collaborations of India and Japan to increase steel usage. Highlighting the Prime Minister Narendra Modi’s vision of 5 trillion dollar economy, he said that various policy reforms and Government’s initiatives like Pradhan Mantri Awas Yojana, Har Gar Jal Yojana, unprecedented speed of construction in railways and roads, creation of a gas-based economy, creation of new agri-storage facilities and many others are set to drive steel demand growth.

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Speaking about the Indian steel sector, the minister said that with a large market, policy reforms, the abundance of raw material, India is one of the most attractive global investment destinations in the steel sector. Lauding Japan’s technological competence, he invited the Japanese industry to invest in India and get into technology transfer partnerships in order to tap the opportunities arising out of growing steel demand and generate employment opportunities in the country.

Speaking on the occasion, the Minister of State for Steel Shri Faggan Singh Kulaste said that steel is crucial to the development of any modern economy and is considered to be the backbone of industrial development. He mentioned about the usage of steel in developing disaster resilient structures. He further stated that the ministry is coordinating with other ministries to increase steel usage in the Government initiatives. Shri Kulaste also said that such workshops will help to generate employment opportunities across the sector.

The workshop witnessed participation from policymakers, bureaucrats, steel PSUs, integrated steel producers, secondary steel producers, infrastructure developers, equipment manufacturers, user organizations & associations, academicians, secondary steel associations, steel consultants, among others.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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