Manoj Kumar on Integrated Steel Plants & India's 2047 Target | R. Singh & Associates | Future Steel
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Manoj Kumar on Integrated Steel Plants & India's 2047 Target | R. Singh & Associates | Future Steel
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Manoj Kumar on Integrated Steel Plants & India's 2047 Target | R. Singh & Associates | Future Steel
The 3rd Edition of the Future Steel Conference, organized by BigMint at The Westin in Hyderabad, brought together key leaders and stakeholders from across India's iron and steel ecosystem. The flagship summit focused on critical market aspects including steel pricing dynamics, regulatory policies, evolving market trends, and technological modernization. Industry delegates engaged in high-level discussions exploring how strategic collaboration between engineering consultants, manufacturers, and technology providers will shape the future trajectory of the domestic sector.
At the summit, Manoj Kumar, Senior Vice President at R. Singh & Associates (P) Ltd, addressed the roadmap to bridging India’s steel capacity gap toward the ambitious national targets for 2030 and 2047. The session covered why midsize integrated steel plants (0.5 to 1 MTPA) are essential for decentralized growth, evaluating projected deficits requiring ~10 MTPA annual capacity addition, mini blast furnace versus coal-based DRI and induction furnace routes, plant capex, opex, logistics, and decarbonization pathways.
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