NMDC hosts a Seminar on Increasing Steel Consumption
Hyderabad, 7 July 2022: Celebrating Azadi ka Amrit Mahotsav Iconic Week of the Ministry of
Steel, NMDC conducted a seminar on ‘Increasing Steel Consumption’ at its Head Office in
Hyderabad today. The mining major invited opinion leaders from the Iron and Steel industry –
Shri P. Madhusudan, Former CMD, RINL; Shri Yogesh Daruka, Partner, PWC; and Shri Rajib
Maitra, Director, Deloitte as panel members. NMDC’s Senior Management – Director (Finance)
Shri Amitava Mukherjee and CVO Shri B. Vishwanath (IRSS) encouraged the NMDC
employees to participate and be interactive during the technical talk show.
“Increasing Steel Consumption – the theme of this seminar is indicative of the development
aspirations of our country,” said Shri Amitava Mukherjee. Addressing the employees, he added
, “As the largest producer of iron ore in India, we must measure up to the development
demands of our country by enabling production and promoting consumption of steel.”
As a keynote speaker, Shri P. Madhusudan emphasized, “enhancing Steel Consumption in the
Rural Economy.” He recommended the building of ecosystems that will demand steel such as
Smart Villages and Advanced Agriculture systems as the way to increase usage of steel in rural
landscapes of India.
Shri Yogesh Daruka talked about the positioning of the mining industry in society and “the need
to revamp the brand from an exploitative industry to a development industry.” He then declared
that this is possible when the mining majors of the country double down on ESG. He was
accompanied by Shri Praveen Mishra, Director, PWC, who delved into the Iron and Steel
Scenario and laid down the key enablers in achieving the New Steel Policy target – “Investment
in R&D, Funding towards ESG, Policies around Consumption, and Skill Development.”
“Steel is an integral element for building an Atmanirbhar Bharat,” said Shri Rajib Maitra in his
session. He also endorsed the increase in the use of Rural Steel as the way forward and said that the
The government of India’s policies on housing and infrastructure development penetrating rural
regions will boost the consumption of steel in our country.
NMDC Projects at Kirandul and Bacheli in Chhattisgarh, Donimalai in Karnataka, and Panna in
Madhya Pradesh conducted this talk on ‘Increasing Steel Consumption’ in the townships and
nearby villages, with 400 participants. The Ministry of Steel is celebrating the Iconic Week of
Azadi ka Amrit Mahotsav from July 4 to July 10, 2022. NMDC has launched week-long
awareness programs and campaigns to encourage the consumption of steel.