The government has reinforced its commitment to scaling up steel and iron ore production through an inter-ministerial meeting chaired by Commerce and Industry Minister Piyush Goyal. The discussions centred on strategies to boost domestic output, streamline resource management and expand export potential, reflecting India’s infrastructure-driven growth agenda.
The meeting brought together senior officials from key ministries and industry representatives to evaluate challenges in raw material availability and identify measures to ensure long-term security of supply. Emphasis was placed on strengthening the steel sector’s competitiveness by encouraging efficient use of resources, enhancing value addition, and addressing bottlenecks in logistics and mining operations.
Officials highlighted that India’s ambition to increase annual steel capacity requires a coordinated approach across both government and industry. By focusing on integrated resource management, the government aims to reduce dependency on imports, ensure stability in raw material supply, and create a stronger foundation for domestic industrial expansion.
Export growth also formed a central theme of the discussions, with calls to align production with international quality standards and explore new markets. Participants stressed that improving port infrastructure and reducing procedural delays could further enhance India’s presence in the global steel and iron ore trade.
The meeting underlined the importance of sustainable practices, with an emphasis on environmentally responsible mining and increased adoption of green technologies in steel production. Such initiatives are expected to not only reduce the industry’s carbon footprint but also position India as a reliable and competitive supplier in the global metals market.
The government’s approach reflects the critical role of steel and iron ore in enabling infrastructure growth, job creation and overall economic resilience.
