Mumbai, 05th May 2017: In a major boost to increase production capacity by 2030, the Union Cabinet, chaired by the Prime Minister Narendra Modi, approved the much awaited new National Steel Policy on Wednesday, which plans an investment of upto Rs 10 lakh crore. The new announcement brings a breadth of fresh air for the sector that has been struggling to keep pace with growing steel demands of India, leading to imports from countries such as China & Japan.
Press Release
“The National Steel Policy 2017 is a Road Map of the Future, and can deliver more” says Nikunj Turakhia, President of SUFI1
Steel Users Federation of India now popularly known as ‘SUFI’ has achieved remarkable success in a short span of time to bring various Stakeholders of the Steel industry on a common platform and is marching towards achieving its objective to achieve higher per capita consumption of Steel and thereby promoting growth and excellence in the Steel industry.
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