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Ministry of Steel organizes Chintan Shivir in Bengaluru

Published: Feb 18, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 18, 2025: THE Ministry of Steel organized Chintan Shivir, a day-long session focused on the future of India's steel sector, at Hotel Taj West End, Bengaluru. The event brought together CPSE leaders under the Ministry of Steel to deliberate on key industry topics and shape a path forward.

The gathering was graced by H. D. Kumaraswamy, Hon'ble Minister of Steel and Heavy Industries (virtually), along with Bhupathiraju Srinivasa Varma, Minister of State for Steel and Heavy Insdustries, as Chief Guest. Sandeep Poundrik, Secretary, Ministry of Steel, and CPSE heads also participated, reinforcing a unified approach towards industry growth.

The inaugural ceremony featured insights from dignitaries, followed by key sessions on iron ore utilization, National Steel Policy 2025, specialty steel, and strategies for operational efficiency and cost reduction. Engaging discussions allowed active participation from all attendees.

Bhupathiraju Srinivasa Varma emphasized aligning with the National Steel Policy's goals, stating, "Let us work towards an Aatmanirbhar Bharat by achieving 300 MT of steel production capacity by 2030. Steel is vital for economic growth, and we must focus on increasing domestic production, optimizing iron ore resources, and producing specialty steels for key sectors."

Sandeep Poundrik highlighted the importance of industry excellence, self-reflection, and continuous learning. "This forum provides an opportunity to enhance operational efficiencies and foster innovation, ensuring sustainable and impactful growth."

A key highlight of the event was the launch of the official website for India Steel 2025, set to take place from 24-26 April 2025. Additionally, 35 young managers from CPSEs were introduced as future industry leaders, tasked with driving efficiency and cost optimization.

The Chintan Shivir concluded with a collective commitment from CPSEs to strengthen India's steel sector globally. The event marked a crucial step in uniting stakeholders, fostering strategic discussions, and laying the foundation for a resilient and competitive steel industry.

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