Indian Steel in the Eighties

Abstract

High-powered working groups and planning 'pundits' have gone into steel demands and supplies in India in the eight-ies. And, they are still at this nerve-racking job. As against the existing installed capacity of 14.5 million tonnes of crude steel, including over 3 million tonnes from mini steel plants, it is proposed to augment India's crude steel capacity to 17.7 million tonnes by 1983-84 and 23.7 million tonnes by 1988-89, mainly through expansion of the existing steel plants and construction of new ones in the south-eastern coastal areas of the country. In a recent statement in the Lok Sabha, our Steel Minister hoped to ring in the nineties with a crude steel output of 24 to 25 million tonnes.