Blitz Bureau
NEW DELHI: Prime Minister Narendra Modi on June 30 highlighted the growing strength of India’s steel industry that is playing a key role in propelling the country’s infrastructure, defence, electric mobility and clean energy sectors. Referring to Steel Minister HD Kumaraswamy’s post on X about how India’s policy push and innovation are shaping the country’s journey to becoming a global steel leader, PM Modi, in a post on X, wrote: “From infrastructure and defence to electric mobility and clean energy, steel is the backbone of a rising India. Union Minister HD Kumaraswamy outlines how policy push and innovation are shaping India’s journey to becoming a global steel leader”.
Kumaraswamy said: “A revitalised steel sector is shaping the rise of a New India. From highways to high-speed rail, metro networks to renewable parks, EVs to defence, Indian steel is at the heart of our infrastructure revolution”.
He added that under PM Modi’s leadership, India has emerged as the world’s 2nd largest steel producer. Steel production has nearly doubled since 2014, and we are fast moving towards our 2030 target of 300 MTPA, he said.
“Through visionary reforms like the domestically manufactured iron & steel products policy and Production Linked Incentives scheme, we have boosted capacity, self-reliance, and green steel innovation,” he observed.
