Every Lok Sabha Constituency to have a passport office soon, says Mr. Mulay - KAZO gears up for its Fragrance Launch! Kazo - a home for latest chic contemporary fashion brings its exclusive Launch with Athiya Shetty - Every Lok Sabha Constituency to have a passport office soon, says Mr. Mulay - Key Highlights of Voltas' Consolidated Financial Results announced - Jain Irrigation records INR 91.5 crore PAT in Q3 FY2019, 2018-19 Third Quarter Unaudited Financial Results Declared - Swedish luxury arrives in South Mumbai, Volvo Cars opens a showroom in Prabhadevi - Actors Rahul Bagga and Nancy Thakkar promoting “Facebook Wala Pyar” is all set to release on Valentines Day - Indian Chamber of Commerce and Mumbai Angels Network present ‘BEYOND’ – An event for Stalwarts, Seasoned Investors, Budding entrepreneurs, New Investors, VCs, Corporate & Potential Customers - Maharashtra state minister Pankaja Munde inaugrates "mera pariwar = bhajapaa pariwar " campain today ahead of General Election - DIL Limited shows continued strong momentum in Q3 – FY 19 - Human Brain on Display at Nehru Science Centre to Destigmatize Mental Illness: McLean Hospital - Mahindra Group Named Organization to Watch in 2019 “State of Green Business” Report, Only Indian corporate to feature in this prestigious list - Jamnalal Bajaj Institute of Management Studies institutes Smt. Jyoti Dwivedi Memorial Scholarship for meritorious and deserving students - Captain Courage wins the Dr. S. C. Jain Sprinters' Championship: RWITC - Parx Auto Car Show 2019 concludes with a kick-off rally - 12th IIJS SIGNATURE COMMENCES BUYING SEASON WITH INDIA’S BEST-IN-CLASS JEWELLERY SHOW FROM 10 TO 13 FEBRUARY 2019 - Catch of the day:Mumbai’s most awaited restaurant launch by Gourmet Investments Pvt. Ltd. #MinistryofCrab - Sonata Software - Consolidated Q3 FY18 PAT at Rs.64 Crores; 30% YoY growth - LivePools Announces Yuvraj Singh As Brand Ambassador, Gear Up For The Upcoming Cricket Mania With Fantasy Sports on LivePools.com - Super cars displayed at Parks Auto Show 2019 at MMRDA ground in Mumbai - RETHINK STYLE WITH MARKS & SPENCER AND THE NEW SPRING SUMMER 2019 COLLECTIONS - The listing ceremony of Chalet Hotels Limited held at National Stock Exchange in Mumbai - Cambium Networks Announces New Standard Factory Warranty on Industry Leading Wireless Broadband, Wi-Fi and Switching Equipment - Actors Rajkummar Rao and Patralekha Reveal the secret of Their Successful Relationship – a couple that #ShareTheLoad! - Sophie, Malaika turn up the heat at Ajj Naiyo Sawna launch party! - Bengaluru based HHV to exhibit its expertise in thin film technology at San Francisco - National Women’s Party launched in Ahmedabad - Actress Saba Saudagar in Alt Balaji's new show ‘Booo-Sabki Phategi’ - VIKAS RATHIE JOINS ITI MUTUAL FUND AS NATIONAL SALES HEAD - SHRIYA SOM’S CAREFREE SPIRITED COLLECTION OFFERED EASY BREEZY STYLES AT LAKMÉ FASHION WEEK SUMMER/RESORT 2019 - DAY FOUR AT LAKME FASHION WEEK SUMMER/RESORT 2019 ENDED WITH THE COLOURS OF NEXA AND THE STYLE OF RAGHAVENDRA RATHORE’S ODE TO THE BANDHGALA - Star Superior emerges victorious at the prestigious Kingfisher Ultra Indian Derby 2019, The KF Ultra Derby enjoys a total prize purse of Rs. 2 crore, with the winner taking home, Rs. 1.20 crore along with the trophy - PUNIT BALANA PRESENTED “MAYA” AN EXQUISITELY STYLISH COLLECTION AT THE STUDIO DURING LAKMÉ FASHION WEEK SUMMER/RESORT 2019 - I WAS A SARI WINS Rs. 20 LAC ‘CIRCULAR DESIGN CHALLENGE AWARD’, INDIA’S FIRST AWARD FOR SUSTAINABLE FASHION - THE ROMANCE OF ISTANBUL INSPIRED RAJDEEP RANAWAT’S LAKMÉ FASHION WEEK SUMMER/RESORT 2019 COLLECTION - Interim Budget aims at wooing middle class tax payers, farmers: B K Goenka, President, ASSOCHAM - HAUSLA' - unite together to fight against the cancer A Song for the cause sung by singer Shaan on the occasion of 'World Cancer Day' - THREE DESIGNERS BROUGHT GLAMOROUS COLLECTIONS IN UPCYCLED TENCEL™ TO CENTRE STAGE DURING THE FASH-UP INITIATIVE AT LAKMÉ FASHION WEEK SUMMER/RESORT 2019 - THE FASHION FOR LIVELIHOODS SHOW AT LAKMÉ FASHION WEEK SUMMER/RESORT 2019 WAS A BRILLIANT FUSION OF DESIGN, TRADITION, TEXTILES AND CRAFT - INTEGUMENT, SWGT AND ESSÉ OPENED DAY THREE AT LAKMÉ FASHION WEEK SUMMER/RESORT 2019 WITH TRENDY STYLE DIRECTIONS - Parx presents a Stunning Show with Super Cars, Vintage Cars, Super Bikes and Vintage Bikes to mark the centenary celebrations of WIAA, Show is to be held on February 8th, 9th and 10th 2019 - Magma Fincorp Profit after Tax up 65% YoY, AUM grew 6% YoY, GNPAs reduce 314 bps QoQ - Fourteen Runners Confirmed for the Kingfisher Ultra Indian Derby- 2019 at The Royal Western India Turf Club - Lakmé Salon and Gauri & Nainika presented ‘THE ART OF LATTE’ collection at Lakmé Fashion Week S/R’19 - JSW Energy Limited (“JSW Energy” or the “Company”) today reported its results for the third quarter (“Q3FY19” or the “Quarter”) ended December 31, 2018. - Union Bank of India wins Finnoviti Awards - 2019 - Blue Temptation win Mahindra Blues Band Hunt 2019, Set to perform at the Mahindra Blues Festival on 9 & 10 February, 2019 in Mumbai - Uber launches UberBOAT in Mumbai, The first city where Uber will tap the potential of waterways as a transport mode, The service will be available to riders starting February 1, 2019 - Kellogg’s celebrates Flavors of India with the launch of its new range of Corn Flakes - Shaping the future together at IMTEX 2019 - BANK OF INDIA ANNOUNCES DECEMBER 2018 (Q3 - FY 2018-19) FINANCIAL RESULTS - Maharashtra Governor Ch. Vidyasagar Rao unfurls National Flagon 69thAnniversary of Republic Day Mauritius PM Pravind Jugnauth is Special Guest at Republic Day function in Mumbai - Sarvatra Technologies accredited as Best Banking Technology provider - Sinclairs Retreat Ooty adjudged winner of TripAdvisor’s 2019 Travellers’ Choice Award - Chalet Hotels Limited announces Initial Public Offer (IPO) to open on January 29, 2019 and to close on January 31, 2019, The Floor Price is 27.5 times the face value and the Cap Price is 28 times the Face Value of the Equity Shares. Price Band: Rs. 275 to Rs. 280 per Equity Share - Celebrity Designer & guest of honour Gauri Khan as Zoya showcases 4 rare collections at an exclusive fashion walk in collaboration with Monisha Jaising - CASHe Launches BuddyTransfer; A Fast and Simple Way to Transfer Funds to Your Friends Right from the App - JET AIRWAYS CELEBRATES INDIA’S 70TH REPUBLIC DAY, Announces 7-day special fare sale offering guests discounts of up to 50%*on flights within India and beyond on its network, Exclusive benefits available on bookings on the airline’s website and mobile app - SBI Card and Etihad Guest launch premium Visa credit card for international travel - Sana Khan, Yash Ahlawat and Simran Kaur declare, the third period of Bollywood Mr.& Miss India 2019 - DIL subsidiary, Fermenta Biotech Limited acquires land at Sayakha Industrial Estate as part of capacity expansion plans - Kareena Kapoor Khan all set to reinvent ‘Matte’ at the Lakmé Absolute Ultimate Finale at Sophia College - The countdown to the 4thedition of the Kingfisher Ultra Indian Derby, Mumbai 2019 begins, a weekend of racing, music, food, fashion and winners! - India to leave behind US in terms of steel consumption this year: Chaudhary Birender Singh - SUSTAINABLE FASHION DAY AT LAKMÉ FASHION WEEK SUMMER/RESORT 2019 - Smule Mirchi Cover Star begins the hunt for India’s biggest cover artist Best 100 entries from 15000+ entries are now open for public voting - India’s 1st India International SEAWEED Expo & Summit 2019 inaugurated by Shri. Mahadev Jagannath Jankar, Honourable Minister, Dept.of Fisheries, Govt. of Maharashtra - India’s First Women Political Party unveiled in Mumbai; Urges 50% reservation quota for females in Lok Sabha 2019, National Women Party (NWP) to contest for 283 Lok Sabha seats half of total seats in upcoming elections 2019 - Gaurav Gupta to open Lakmé Fashion Week Summer/Resort 2019 - Seven talented children emerge as the winners of the first edition of the IDBI Federal Quest For Excellence #YoungChamps programme - SINGER YASH WADALI'S NEXT SINGLE "SWAG RAJA" LAUNCHED - BIC LAUNCHES INDIA’s LARGEST STATIONERY FACTORY AT VAPI IN GUJARAT - Union Bank of India announces Financial Results for the Quarter (Q3FY19) and Nine Months (9MFY19) Ended December 31, 2018 - BMA commemorates 65 years by launching a slew of new initiatives - Kenya’s Cosmas Lagat and Ethiopia’s Worknesh Alemu upset the odds and take the honours at the Tata Mumbai Marathon 2019, Indian winners Nitendra Singh Rawat and Sudha Singh qualify for Doha World Championships, Sudha Singh creates new course record and personal best timing at TMM - Reena Mehta College fest *MRIDANG'19* festival conducted - THE CURTAIN RAISER: LAKMÉ FA ।।SHION WEEK SUMMER/RESORT 2019 will be showcasing their collections from 30th January to 3rd February 2019, at JioGarden, Bandra-Kurla Complex in Mumbai - 2ND GLOBAL TEXTILE TECHNOLOGY & ENGINEERING SHOW 2019 GTTES 2019 Opened Today To An Enthusiastic Response From Business Visitors - The NiYO Global Card offers ultimate ease to global Indian travellers with Zero Forex Markup on international transactions - Anita Dongre’s ‘Summer Reverie’ in collaboration with Tencel to shine at Lakme Fashion Week Summer/Resort 2019 at Taj Lands End in Mumbai - Many Doctors from Maharashtra join Dr Sunita Dube to raise funds for cancer patients - Ambuja Cement Foundation bags the Best Corporate (Large Category) Award at the 3rd ICSI CSR Excellence Award - India-Australia to benefit from emerging 3 billion middle class market in Asia, says Hon. Jason Clare, Shadow Minister for Trade and Investment from North Australia - Designer duo Shantanu & Nikhil today unveiled the first look of their collection Recruit SS’19 which will be presented at their first ever finale at Lakmé Fashion Week - Tata Mumbai Marathon 2019 Event Ambassador highlights importance of running, Mary Kom excited to be integral part of prestigious marathon - LTI Acquires Ruletronics, a Boutique Pega®Consulting Company, the deal strengthens LTI’s digital practice with deep Pega expertise - L&T Technology Services posts robust growth & operational performance in Q3 36% YoY growth in Revenue and 47% YoY growth in Net profit in Q3FY19 - ETIHAD AIRWAYS FLIES THE WORLD’S FIRST FLIGHT USING FUEL MADE IN THE UAE FROM PLANTS GROWN IN SALTWATER BY KHALIFA UNIVERSITY - Maximum City all set for 16thedition of the Tata Mumbai Marathon, Procam International outlined arrangements that are in place for the 46,000+ participants on Sunday, 20th January 2019 - Maharashtra’s first greenfield Smart Industrial City – AURIC attracts a record Rs. 3,600 cr investment from global investors, future-ready AURIC to create over 3 lakh jobs, host 3 lakh residents - Celebrities support Anu Ranjan’s #BeWithBETI campaign - Final Match report of 2019 CCI International JSW Indian Squash Circuit - - TONIQ CELEBRATES THIS VALENTINE’S DAY WITH ITS NEWEST COLLECTION – QUIRKY LOVE **AN AFFAIR WITH YOURSELF ** - Malaysia’s Penang Convention & Exhibition Bureau Leads Delegation of 13 to India, Launching New Incentives and Support for the India Market - CHOOSE TO START THE YEAR RIGHT WITH ETIHAD’S GLOBAL SALE - Lakmé Fashion Week and Diamond Producers Association join hands to identify, mentor Indian Diamond jewellery design talent - Munich Airport maintains dynamic traffic growth in 2018, Passenger traffic up by 1.7 million to a new record of over 46 million - ASSOCHAM Reaction: Exemption limit for GST hiked to Rs 40 lakh from Rs 20 lakh - Another quarter of muted EBITDA Steady domestic business; currency tailwinds to bolster exports - Quarter Final 2019 CCI International JSW Indian Squash Circuit - Over 46,000 runners gear-up to run the 16th edition of Tata Mumbai Marathon - Vikram Mastal debut movie Suspense first song Chadh Gayi released - 26th IMC Ladies’ Wing Jankidevi Bajaj Puraskar 2018 honours Smt. Pavithra Y Sundareshan, Founder & Managing Director, Vindhya e-Infomedia Pvt.Ltd Bengaluru - XOLO unveils Era 4X smartphones with 30 days Money Back Offer Exclusively on Amazon.in - PNB METLIFE AND ESAF SMALL FINANCE BANK ENTER INTO A STRATEGIC PARTNERSHIP FOR LIFE INSURANCE DISTRIBUTION - 2ND GLOBAL TEXTILE TECHNOLOGY & ENGINEERING SHOW 2019 (GTTES’19) to be held in Mumbai on 18th to 20th January 2019 - KPI Global Infrastructure Limited’s SME IPO to open on January 8, 2019 with an issue price of Rs 80 per equity share of face value Rs. 10 each · Initial Public Offer of upto Rs. 39.93 crore - KAUN BANEGA CROREPATI REGISTRATIONS START WITH A RECORD MILESTONE OF 27.2 LAKH ENTRIES - Kiara Advani Stuns In Papa Don’t Preach by Shubhika at the Bombay Times Fashion Week - JSW Steel (USA) Inc & Office of Governor, Texas USA sign Memorandum of Cooperation to develop the local steel industry - International Customs Day Maharashtra Governor hails multifaceted contributions of Customs in nation-building - Israeli PM Visit to India - Journalists honoured with Mantralaya Vidhi Mandal Vartahar Sangh awards - Kerala shifts into high gear with a brand new tourism policy and an assorted fare of tourism products - Kolhapur can be next IT hub, says Dr. Lalit Kanodia - Intersolar India 2017 opens the doors to 260 exhibitors, 12,000 international visitors and over 500 conference delegates - Juhi Chawla sets pulses racing, reading from Jyotin Goel’sgripping new book, ‘Bheem - Destiny’s Warrior’ - KIFS Trade Capital gets the ‘Innovative launch campaign of the year Award’ *KIFS TradeOn+ app receives the award at Global Marketing Excellence Awards - Kashish’ Organizes Musical Programme for B.S.F. Jawans in November End - Intersolar India, the Three Day Flagship Solar Industry Conference and Exhibition Opens on December 5 in Mumbai - Kids were empowered to fight abusers ahead of Children’s day - JET AIRWAYS’ FLIGHT OF FANTASY CELEBRATES 20 GLORIOUS YEARS OF GIVING WINGS TO CHILDRENS DREAMS - KBC Season 9 finale: The perfect way to bid adieu to the unprecedented show - iPHONE X LAUNCH AT iAZURE WITH JACKIE SHROFF, ABHAY CHOPRA, MEGHNA PURI & ANUJA BHOSLE, PART OF PROCEEDS TO AID THE GIRL CHILD CAUSE - Khadim India Limited’s IPO opens on Thursday, November 02, 2017 and closes on Monday, November 06, 2017, with Price Band of Rs. 745 to Rs 750 per Equity Share of face value of Rs. 10/- each - KBD juniors - an inter-school Kabaddi championship conducted by Star Sports - Khushru Jijina recognized as ‘AsiaOne Global Indian of the Year 2016-2017’ - Kalyan Jewellers makes a grand opening in Bhopal by the hands of iconic Amitabh Bachchan - IPO of Bharat Road Network Ltd. opens on September 06, 2017 at a Price in Band of Rs. 195 – Rs. 205 per equity share - JSW today announced Results for the first quarter ended 30 June 2017 - INSURANCE CLAIMS OF THE VICTIMS OF RECENT FLOODS IN THE STATES OF ASSAM AND GUJARAT - Internet Applications contributed INR 1.4 lakh crores to India’s GDP in 2015-16; potential to be INR 18 lakh crores by 2020: ICRIER & Broadband India Forum - Karbonn brings India’s first smartphone ‘K9 Kavach 4G’ integrated with BHIM - Jackie Shroff, Amruta Fadnavis celebs grace the felicitation of Ms Tao Porchon as World’s Oldest Ballroom Dancer by World Book of Records organized by Sandip Soparrkar - Jain Irrigation conferred with Golden Trophy award by ‘APEDA’ - JACQUELINE FERNANDEZ LAUNCHES THE BODY SHOP’S BIGGEST CAMPAIGN AGAINST ANIMAL TESTING - IPSTAR selects Hughes JUPITER™ System to extend BSNL broadband services across the country - Khadi by Raymond – India’s First Branded Khadi Label~ Offers an exquisite range of Khadi Fabrics & an array of ready to wear apparel - JSW Steel reports Highest ever Production, Sales, EBITDA and PAT announced its results for the Fourth Quarter and the Financial Year ended 31st Mar, 2017 - Kokuyo Camlin begins operations from Patalganga Plant - INTRODUCING ZOOTY - THE BEAUTY APP FOR A MORE BEAUTIFUL YOU - ItzCash associates with Kings XI Punjab as its Official Principal Sponsor and Payments Partner - INTERNATIONAL GLORY FOR INIFD BANDRA MUMBAI, Vivek Dhawan and Disha dhawan father daughter duo proud to have their students showcase in London fashion week - Kotak Mahindra Bank Unveils Bold Organic Growth Charter with 811 - Knight Frank awarded “Property Consultant of the Year” at the 11th CNBC AWAAZ Real Estate Awards 2016-17

India to leave behind US in terms of steel consumption this year: Chaudhary Birender Singh

Release of a Souvenir at FICCI's India Steel 2019

Mr.Sandip Somany, President, FICCI honors the Hon'ble Minister of Steel, Mr. Chaudhary Birender Singh at FICCI's India Steel 2019

MUMBAI, (GNI): Sandip Somany, President, FICCI honors the Union Minister of Steel, Chaudhary Birender Singh at FICCI’s India Steel, organized by the Ministry of Steel, Government of India jointly with the Federation of Indian Chambers of Commerce & Industry (FICCI), in Mumbai – photo by Sumant Gajinkar

Hon'ble Minister of Steel Chaudhary Birender Singh at FICCI's 4th International Exhibition and Conference - 'INDIA STEEL 2019

MUMBAI, (GNI): Union Minister of Steel Chaudhary Birender Singh at FICCI’s 4th International Exhibition and Conference – ‘INDIA STEEL 2019 organized by the Ministry of Steel, Government of India jointly with the Federation of Indian Chambers of Commerce & Industry (FICCI), in Mumbai – photo by Sumant Gajinkar

Government to increase the budgetary allocation for facilitating R&D

 

MUMBAI, (GNI): Minister of Steel Chaudhary Birender Singh today said that the government is considering an increase in the budgetary allocation for research and development to boost the steel sector.

Addressing to audience and media persons at the 4th edition of India Steel 2019 organized by the Ministry of Steel, Government of India jointly with the Federation of Indian Chambers of Commerce & Industry (FICCI)Mr Singh said, “We are likely to leave behind US in terms of steel consumption this year. Growth trend in steel consumption in India will continue, due to strong manufacturing sector, diversified demand demographics, accelerated expenditure on infrastructure, anticipated increase in GDP and strong focus on ‘Make in India’. A budget of around Rs. 6 lakh crores was allocated for infrastructure development in this financial year. So, based on these enabling factors and with huge potential yet to be tapped, the per capita consumption can easily be increased from the current levels. I am happy to share that we have been able to bring a shift in mind set and the work culture in these areas, as demonstrated by actual performance.”

Mr Binoy Kumar, Secretary, Ministry of Steel emphasized, “The National Steel Policy 2017 along with the Policy for Preference to Domestically Manufactured Iron & Steel Products (DMI&SP), is not just aimed at providing a boost to the steel industry in the country but also acts as a facilitator to the ‘Make In India’ initiative of the Government of India. These policies have resulted in savings of more than INR 8000 Cr till date”. Underlining the importance of not showing any disadvantage to the sector, he added that they are also reviewing the DMI&SP policy and trying to find convergence between DMI&SP policy and Public Procurement Order 2017 of DIPP; “Under the ambit of the policy, 16 more steel products were brought under Quality Control Order, which now covers a total of 53 products. The endeavor is to bring more products under the Quality Control Order in an effort towards prohibiting production, import and distribution of substandard products.”

He further said that to strengthen the sector, the ministry is working through Steel Research and Technology Mission of India (SRTMI) and exploring technology transfer agreements for production of products like electrical and automotive steel domestically. “Ministry of Steel is also trying to increase the budgetary allocation for facilitating R&D,” said Mr Binoy Kumar.

Mr Sandip Somany, President, FICCI stated that “India is the fastest growing economy in the world and requires continued investments in new infrastructure, new and larger cities, machinery and production to employ new people and drive the economy forward. Steel is one of the most crucial sectors and contributes to our 2% GDP. Also, its integration with user industries makes it a strategic sector for the government as well as the economy.”

“The targeted steel build-up capacity in the country is likely to reach 300 million tonnes by 2030, aligned with the target of National Steel Policy. There is an increased focus in the industry and government for 2030 in terms of raw material security, demand stimulation of achieving energy efficiency in the industry; leveraging our steel potential in building a New India. Hence, the theme of the event is Balancing Steel Demand and Supply Dynamics up till 2030: Building a New India”

The 4th edition of India Steel 2019 is organised on the theme of ‘Balancing Steel Demand & Supply Dynamics: Building a New India’ with a focus on highlighting the current trends, developments, challenges and prospects of the steel industry. The three- day exhibition has participation of over 250 exhibitors; providing them with an opportunity to showcase their latest technologies in the arena of steelmaking to over 8,000 visitors. Also, there are 200 prospective international buyers from 67 countries to initiate business dialogue with Indian steel producers. The event will also witness 7000+ B2B meetings and hosted Reverse Buyer Seller Meet (RBSM) with delegations from CIS, AFRICA, SAARC, and Middle East to develop, and forge collaboration with potential international buyers.ends

Be the first to comment on "India to leave behind US in terms of steel consumption this year: Chaudhary Birender Singh"

Leave a comment

Your email address will not be published.


*