ArcelorMittal Nippon Steel India Hazira project

Hazira project – Today, on the occasion of the ArcelorMittal Nippon Steel India (AM/NS India) Hazira plant’s expansion, the Prime Minister, Shri Narendra Modi, delivered a video message to the audience. The steel mill, according to the prime minister, not only attracts investment but also opens up a wealth of new opportunities. “The youth of Gujarat and the nation will have plenty of employment prospects thanks to an investment of more than 60 thousand crores. The capacity of the Hazira Steel Plant to produce crude steel will rise from 9 million tonnes to 15 million tonnes as a result of this development, the Prime Minister said.

The Prime Minister emphasized the expanding significance of the steel industry in efforts to have a developed India by 2047, saying that a strong steel sector results in a strong infrastructure sector. The steel industry also makes a significant contribution to the building, automotive, capital goods, ports, airports, and engineering products industries.

The expansion would bring completely new technology to India, the prime minister stated, and this will be extremely beneficial to the electric vehicle, automobile, and other manufacturing industries. “I have no doubt that ArcelorMittal Nippon Steel India‘s project will prove to be a turning point in the Make in India initiative. The Prime Minister declared that this would give new life to India’s aspirations to expand and become self-sufficient in the steel industry.

Hazira project

The Prime Minister provided a list of initiatives to support the Indian steel sector. He claimed that the PLI scheme had opened up new opportunities for growth. The Prime Minister explained that the nation has developed expertise in high-grade steel, whose use is rising in crucial strategic applications, using the example of INS Vikrant. The unique steel used in the aircraft carrier was created by DRDO experts, according to the prime minister. Steel in the hundreds of metric tonnes was produced by Indian businesses. Additionally, INS Vikrant has all the necessary in-house resources and equipment. The nation has now established a goal of doubling the capacity of crude steel production in order to promote such a capability. At the moment, 154 MT of crude steel are produced. Our objective is to produce 300 MT.

The prime minister used the steel industry’s carbon emissions to illustrate the difficulties that arise when a development vision is implemented. He explained that while India is simultaneously pushing the adoption of environmentally benign technologies, it is also increasing its ability to produce crude steel. “Today, India is emphasizing the development of such production technologies that not only cut carbon emissions but also absorb and reuse carbon,” the prime minister continued.