Union Minister of Steel Jyotiraditya Scindia informed that India has moved from 4th largest producer of steel to the second largest producer of steel at global scale.
- He said, the country which was earlier a net importer of the steel has now become a net exporter.
- The Minister was addressing the Steel Conference of State governments in New Delhi on November 15
- Speaking about the growth of steel consumption in the country, the Steel Minister added that the per capita steel consumption grew from 57.8 kilogram to 78 kilogram, registering a growth of 50 per cent in the last 8 years.
- In case of installed capacity of steel, the country has moved from 100 million tonnes a year to almost 150 million tonnes.