The Minister of Steel, Beni Prasad Verma has said that government through its policies has been pursuing adoption of latest technologies for improving efficiency of Indian steel industry.
The report of the Working Group on Steel Industry for the 12th Five Year Plan, National Steel Policy and Roadmap for R&D and Technology etc. enlist such measures.
The major steel plants in the country have already embarked upon modernization/expansion programme and are phasing out obsolete technologies. Further, new/green field steel plants are being set up with latest world class technologies.
Major steel companies like Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL) in the public sector and Tata Steel, JSW Steel, Essar Steel, Jindal Steel & Power Limited and JSW Ispat Steel inthe private sector are engaged in Research and Development work in the iron and steel sector in the country.
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