G Kishan Reddy addresses the 6th edition of India Steel today in Mumbai

Steel is the Backbone of India’s Economy, Coal and Mines Sector is the Strong Foundation on Which it Stands: G Kishan Reddy

Dusmanta Behera
Dusmanta Behera - Editor-in-Chief
4 Min Read

NewzVille Desk

Union Minister of Coal and Mines, G. Kishan Reddy, today addressed the 6th edition of India Steel, a premier biennial International Exhibition-cum Conference on the steel sector, in Mumbai. The International Exhibition-Cum-Conference on Steel served as a significant platform for dialogue among policymakers, industry leaders, academia, researchers, and civil society on the evolving dynamics of the steel sector and its symbiotic relationship with the coal industry.

G.Kishan Reddy in his address, emphasized that steel serves as the backbone of India’s economic progress and a vital enabler of the national vision for Viksit Bharat 2047. He highlighted how India is setting new global benchmarks in infrastructure development, from the Chenab Bridge in Jammu & Kashmir, the world’s highest railway bridge, to the historic Pamban Bridge in Tamil Nadu—all made possible by the growing strength of the steel sector. Every milestone in the nation’s infrastructure journey, he remarked, is forged in steel—reflecting the momentum and aspirations of a Nation on the move.

He added that India’s steel sector has grown at an impressive pace in recent years, positioning the country as the second-largest steel producer globally. Citing the words of Prime Minister Shri Narendra Modi, the Minister referred to steel as India’s “Sunrise Sector” a key driver of domestic consumption, industrial expansion, and self-reliance through the Atmanirbhar Bharat Abhiyaan.

Reddy emphasized that if steel forms the backbone of India’s economy, the coal and mining sector represents the strong foundation on which it rests. He highlighted the importance of raw material security, especially in the context of the current session on Raw Material Strategy and the Shift in Raw Material Mix. Ensuring the availability of critical raw materials like iron ore, coking coal, limestone, and essential alloying elements such as manganese, nickel, and chromium, he noted, is both an economic necessity and a strategic imperative.

The Minister called upon private stakeholders to actively participate in washeries, beneficiation plants, and block auctions. Pulverised Coal Injection (PCI) trials using domestic coal have already shown promise for import substitution, and greater innovation in beneficiation can further improve outcomes.

India recently achieved a landmark milestone of 1 BT of coal production and dispatch in the last financial year—a transformative step toward national energy security. Energy Statistics 2025 reveal that coal continues to account for nearly 60% of India’s total energy requirements and 70% of its electricity generation. While efforts to enhance renewable energy are underway, the Minister reaffirmed that coal will remain central to India’s energy and industrial landscape in the foreseeable future.

Organized by the Ministry of Steel, India Steel Expo 2025 served as a premier platform for global stakeholders to deliberate on key issues pertaining to growth strategies, sustainable practices in steel production, resilience amidst evolving global economic conditions, and the pivotal role of innovation and digital transformation in enhancing industrial competitiveness. The event witnessed a constructive exchange of perspectives, exhibitions of advanced technologies, and comprehensive discussions on resource efficiency and environmental responsibility. The active participation of the Ministry of Coal further underscored the strategic integration of the coal and steel sectors, highlighting their collective commitment to fostering a sustainable, self-reliant, and forward-looking industrial landscape. The presence of prominent domestic and international participants reaffirmed India’s growing stature in shaping the future of the global coal and steel ecosystem.

 

 

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Dusmanta Behera
By Dusmanta Behera Editor-in-Chief
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Dusmanta Behera's pioneering experience of 26 years includes key roles at News Today Pvt Ltd, ETV Networks, Lok Sabha TV. Rajya Sabha TV, and Sansad TV. As an accredited Video Journalist for more than 15 years under MI&B, Government of India covered State Visits of Prime Minister and Vice President. Valuable Contributions include Series on "National Security" and Chamber Telecast. Key interest remains in Documentaries on Armed Forces and Travelogues.
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