Anil Kulkarni 1494 days ago

The entire thought of going after a target production of 300 million MT in India is misguided for the following reasons.

1.There is already an excess capacity of at least 30 million MT and all major steel plants are running much below their rated capacities, which is also leading to higher cost of production.

2. Looking at large economies like USA and Japan, these were able to build huge infrastructure with just about 100 million MT capacities each. So, why does India need 300 million MT.

3. All efforts must be made by Govt and steel plants to improve capacity utilization, bring down cost of production and improve quality of product, to become competitive against imports.

It is also incorrect that our steel plants do not produce steel grades for Defence forces, like naval frigates, army etc. They already do and much more can be done, capability exists. People in important positions must check their facts before making statements in the national press. There are several eminent experts from major steel plants who are on the IIM national committees and who have the right facts. Secretary Steel in the ministry will also have all the details.