HomeNewsPoliticsIndia to double steel production in eight years to 240 MT: Jyotiraditya Scindia

India to double steel production in eight years to 240 MT: Jyotiraditya Scindia

Stating that steel plays a major role in the country’s economy, newly-appointed Union Steel Minister Jyotiraditya Scindia on Friday said India’s steel production will double from the current 120 million tonnes to 240 million tonnes in the next eight years.

July 09, 2022 / 10:42 IST
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Stating that steel plays a major role in the country’s economy, newly-appointed Union Steel Minister Jyotiraditya Scindia on Friday said India’s steel production will double from the current 120 million tonnes to 240 million tonnes in the next eight years.

”In any country’s economic development, steel makes an important contribution. Today India is the second largest producer of steel in the world with 120 MT production.

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I am confident that the target that we have set to double it to 240 MT in next eight years will be done,” Scindia told reporters here, 24 hours after taking additional charge as the steel minister.

”I have taken charge of the steel ministry yesterday only and I am not the one who starts lecturing without understanding the sector.