ADVERTISEMENT

Steel Industry Should Speed Up Mining At Unused Greenfield Mines, Says PM Modi

The industry has to be future ready, and adopt new processes, new grades and new scale, the Prime Minister said.

<div class="paragraphs"><p> Modi urges steel industries to speed up mining at unused greenfield mines (Source: Official Facebook handle)</p></div>
Modi urges steel industries to speed up mining at unused greenfield mines (Source: Official Facebook handle)

Prime Minister Narendra Modi on Thursday called the industry to "speed up" iron ore mining at unused greenfield mines to increase steel production in the country.

The steel industry has to come together, and build a "resilient, revolutionary and steel-strong India", Modi said.

Speaking at the India Steel 2025 event virtually, PM Modi also asked the industry players to strengthen global partnerships and secure supply chains, noting that raw material is a challenge for the industry and the country is still dependent on imports.

He said the country also needs to explore alternatives like coal gasification and better utilisation of its reserves to reduce coal imports.

The industry has to be future ready, and adopt new processes, new grades and new scale, the Prime Minister said.

Opinion
Government Imposes 12% Safeguard Duty On Some Steel Imports To Prevent Chinese Dumping
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit