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Business Economy


Webinar on promoting steel-intensive construction

Webinar on promoting steel-intensive construction

New Delhi, Aug 15 (UNI) Seeking to enhance awareness of steel usage in Construction & Infrastructure development sectors and bridge the gap between users’ and suppliers for promoting steel-intensive construction, the Steel ministry is organising a Webinar on August 18.

Given the recently announced 103 lakh crore investment plan by the Government for infrastructure development over the next five years, it is the opportune time for India to transition to steel-intensive construction and avail its numerous benefits such as faster construction time, reduced life cycle cost, increased durability & quality, recyclability and environment sustainability.

The Ministry is organising the digital seminar on ‘Aatmanirbhar Bharat: Fostering Steel Usage in Housing & Building Construction and Aviation Sectors’ in association with Confederation of Indian Industry (CII), and Ministries of Housing and Urban Affairs, and Civil Aviation.

Steel minister Dharmendra Pradhan will be the Chief Guest on the occasion. Hardeep Singh Puri, Minister of State (Independent Charge) for Housing and Urban Affairs & Civil Aviation and Minister of State for Steel Faggan Singh Kulaste will also be present.

The webinar will focus on Users’ perspective on promoting Steel intensive designs and construction in Building, Housing, and Airport Projects.

Steel Producers’ perspective about the capabilities of Indian iron and steel industry in meeting the present demand, future expansion plans, manufacturing and R&D capabilities for developing new products will also be deliberated upon.

Steel is a viable solution for faster and sustainable development of any nation. High intensity of steel usage indicates high growth of the country, especially in growth-driving sectors such as Building & Construction and Infrastructure Development.

India’s per capita consumption of steel at 74.1 kg lags global peers and is one-third the global average (224.5kg).

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