Minister of State for Steel and Rural Development Faggan Singh Kulaste urged the steel industry to focus on investment in rural areas to enhance steel production and consumption in the country.
Addressing a summit organized by Confederation of Indian Industry, CII, in New Delhi today, he emphasized increasing rural steel consumption to act as a catalyst in achieving domestic demand and production target of 300 million tonnes in line with National Steel Policy -2017. The Minister also exhorted the industry to pursue self-reliance in production of capital goods in the country and to arrive at a consensus amongst themselves to devise a suitable strategy towards decarbonization for becoming a sustainable steel industry.
