India to create world class facility for metallurgical engineering
Steel Minister Dharmendra Pradhan has pointed out the need to develop intellectual property and technology in the areas of advanced steels and alloys, so that the critical requirements are satisfied indigenously, and the export horizon expands.
“There is a need to develop intellectual property and technology in the areas of advanced steels and alloys, so that the critical requirements are satisfied indigenously, and the export horizon expands,” he said.
“We are also working to create world class facility for metallurgical engineering and development of human resources for the steel sector. Centers of Excellence have been approved to be set up in IITs. Steel Research and Technology Mission of India has been set up to promote joint collaborative research projects of national importance in iron and steel sector,” said the Minister at the 58th National Metallurgists Day and at the 74th Annual Technical Meeting of the Indian Institute of Metals (IIM) on 24 Feb 2021.
He said that by creating an excellent spirit of collaboration, partnership and synergy between the three pillars of industry, academia and R&D, IIM has played an important role in the journey of India metallurgy and contributed immensely to nation building.
He called upon the IIM to play a key role in developing technical acumen, bringing in innovation, developing skilled manpower in the steel industry. He urged for enhancing the existing strategy for indigenization and innovation to substantially enhance contribution to “Atmanirbhar Bharat”.
The Minister also congratulated the IIM for its platinum jubilee, noting that it is still flourishing and contributing to the development of the country. The IIM was established in 1946.
Describing the Budget 2021 as path-breaking, progressive and pro-growth, Pradhan said that it provides unprecedented focus on infrastructure creation for future. He said that this will certainly result in increased demand for steel.
“Investments in core sectors like railways, roadways, and petroleum and natural gas, which have the potential for spurring demand for metals, has seen a healthy increase across the board,” said Pradhan who is also the Petroleum and Natural Gas Minister. #technology #research #investment #manufacturing #makeinindia /fiinews.com
