Business & Economy

India Steel 2019 - Exhibition and Conference to begin in Mumbai on Tuesday

NetIndian News Network

New Delhi, January 21, 2019

India Steel 2019 Exhibition and Conference will be held in Mumbai from January 22-24 to chart out the future growth path of the steel industry.
The event will witness the participation of the companies across the industrial spectrum ranging from MSMEs to the biggest names in the Indian and international steel sector, an official press release said.
"The   event provides an opportunity for all the stakeholders to deliberate and identify ways to contribute towards building a robust roadmap for the further growth of the steel sector. The presence of international technology providers is an added attraction for the Indian companies to interact with them for technology upgradation or technology transfer. The products, technologies and the best practices of steel production around the globe will be on display at the exhibition," the release said.
More than 250 exhibiting companies from 15 countries, over 200 international hosted buyers and a large number of delegates are expected to hold business meetings during this event. 
More than 10,000 business visitors both from India and abroad   are expected to visit, the release said.
The Ministry of Steel organises the India Steel Exhibition and Conference once in two years. Over the years, the event has become the most preferred platform for buyers, sellers, technology providers, manufacturers, traders, importers, investors and other allied organizations and institutions from steel sector to interact and develop business, the release said.  
India has become the second largest producer of crude steel during 2018. The country is also the largest producer of sponge iron in the world and the third largest steel consumer in the world after China and the United States.
The National Steel Policy (NSP) 2017 announced by Ministry of Steel envisages production of 300 million tonnes by 2030-31. The Government has also announced a policy for providing preference to domestically manufactured iron and steel products in government procurement. 
The India Steel-2019 is part of series of initiatives to develop a globally competitive steel industry in line with NSP-2107, the release added.

(Our News Desk can be contacted at

Did you like this story?
and help us to serve you better.