Steel Mahakumbh Roadshow in Hyderabad Highlights Secondary Steel’s Role in India’s Infrastructure and Sustainability Goals
Hyderabad: The Steel Mahakumbh Roadshow—a curtain-raiser to the grand Steel Maha Kumbh Mela 2025 to be held in Mumbai this September—was successfully organized in Hyderabad, drawing key policymakers, industry veterans, and experts to discuss the future of India’s booming steel sector.
Organised by the Telangana Iron & Steel Manufacturers Association (TISMA) under the umbrella of the AIIFA Sustainable Steel Manufacturers Association, and supported by the Ministry of Steel and UNDP, the roadshow emphasized sustainable growth, technological innovation, and policy alignment for the steel industry—especially the often-overlooked secondary steel sector.
Secondary Steel Sector: Backbone of Affordable Housing and Jobs
Speakers unanimously highlighted the critical role of the secondary steel sector, which contributes 65% of India’s steel bar production, primarily via induction furnaces. This sector not only provides millions of jobs but also supports MSMEs, promotes domestic scrap utilization, and enables affordable housing for middle-class families.
“The secondary steel industry plays a pivotal role in India’s inclusive growth. Affordable steel makes the dream of owning a home a reality for millions,” said Anil Agarwal, steel industry veteran and former FTCCI President.
BIS Draft Standards: Call for Context-Sensitive Reforms
One of the major concerns raised during the event was the BIS Draft Standard for steel bars (IS 1786). Prakash Goenka, Project Chairman of the Steel Mahakumbh, called on the Bureau of Indian Standards (BIS) to align regulations with India’s unique environmental and material conditions, including tropical climates, coastal zones, and the use of high-phosphorus iron ore.
“Thanks to AIIFA’s proactive efforts, the proposed draft has been paused. But we urge BIS to ensure the standards are practical and region-specific,” Goenka said.
Mr. PV Srikanth, Director & Head, BIS Hyderabad, provided updates on the standard revisions and assured stakeholders of continued dialogue.
India’s Steel Surge: Global Leadership in Sight
India has firmly cemented its position as the world’s second-largest steel producer, manufacturing over 151 million tonnes of crude steel annually, with the largest output of sponge iron.
Key highlights from the industry’s growth trajectory:
- Installed capacity: 205 MTPA (Million Tonnes Per Annum)
- Target for 2030: 300 MTPA
- Vision for 2047 (Viksit Bharat): 500 MTPA
- CAGR (2016–2024): 5%, surpassing global (1.77%) and China’s growth (2.76%)
- Consumption growth (2022): 12.86%
“To meet this ambitious vision, India needs a resilient and energy-efficient steel ecosystem rooted in local innovation,” said Yogesh Mandhani, President, AIIFA.
Green Steel and Inclusive Growth: The Way Forward
Sustainability and innovation took centre stage throughout the roadshow. Discussions revolved around Green Steel, Mini Steel Plant development, energy efficiency, and skill development to align the industry with India’s 5 trillion-dollar economy and Viksit Bharat 2047 targets.
Mr. R. Ravi Kumar, President of FTCCI, advocated for a One-Time Settlement (OTS) in power dues to support small-scale manufacturers and stressed that economic opportunity should not be monopolized by a few major players.
Road Ahead: A United Vision for Steel and Infrastructure
The event concluded with a powerful presentation on India’s infrastructure boom, calling for collaborative efforts to build a competitive, green, and inclusive steel industry that drives national growth while supporting local economies.
With Hyderabad’s roadshow setting the tone, all eyes are now on the Steel Maha Kumbh Mela 2025 in Mumbai, where stakeholders from across the country will unite to shape the next chapter of India’s steel revolution.
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