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Steel Sets the Stage for India’s Economic Future

India steel industry
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Mumbai witnessed a compelling address by Union Minister Dharmendra Pradhan at the 6th edition of the India Steel Summit and Exhibition 2025, hosted by the Ministry of Steel and FICCI. Minister Pradhan articulated the paramount role of the steel industry in not just supporting India’s burgeoning economic growth but also serving as a cornerstone for its future aspirations.

The National Steel Policy 2017, under Prime Minister Narendra Modi’s leadership, has laid a robust foundation for promoting value-added and green steel production, pivotal for sustainable industrial growth. This strategic policy has propelled India to the rank of the world’s second-largest steel producer.

Highlighting the transformative potential of the steel sector, Minister Pradhan stated that empowering this industry would pave the way for innovation among younger generations, establishing it as a dynamic and eco-conscious global leader.

The minister concluded with an optimistic vision of the steel industry evolving as a catalyst for creating employment, fostering industrial development, and driving inclusive progress through world-class standards.