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PM Modi dedicates to nation Rs 12,000-crore project at Rourkela Steel Plant

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Prime Minister Narendra Modi has exhorted the domestic steel industry to raise its production capacity to bridge the gap with China and in line with the government's plans to boost the country's manufacturing sector. 

India has already left the US behind to emerge as the world's third largest steel producer. However, I am not happy to remain in that position. We are behind China which is the global leader in steel. We have to take large strides to move ahead," the PM said on Wednesday. 

He added, "With 65% of our population below 35 years, India's strength lies in developing adequate skills to take its development agenda forward." 

China produced 780 million tonnes of steel last year while India's production was around 82 mt last year. 

The PM was addressing a large public gathering attended by chief executives of some of India's top steel makers at a ceremony to dedicate the Rs 12,000-crore modernisation and expansion of Steel Authority of India's Rourkela Steel Plant to the nation. 

Apart from Odisha Chief Minister Naveen Patnaik, whose support helped in the passage of the revised mining bill recently, the meet was also attended by Union steel secretary Rakesh Singh, SAIL chairman CS Verma, Tata Steel managing director TV Narendran, JSW Steel chairman Sajjan Jindal and NMDC's chairman and MD Narendra Kothari. 

Source:
PM Modi dedicates to nation Rs 12,000-crore project at Rourkela Steel Plant - The Economic Times
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