Friday, 17 November, 2017
Update
   Vasco struggles for fish as vendors, wholesalers go on flash strike   Panaji police station instals biometric system for maintaining crime records with the intention of rendering time-bound services and reducing the paperwork.   Fisheries Dept issues notice to all fishing societies regarding LED ban order, warns fishermen to stop LED fishing or to crackdown on LED fishing & Bull Trawling   Health dept plans to focus on rural health care, to procure machinery amounting to ₹ 4 crore; machines such as X-Ray & Ultrasound, blood testing facilities will be procured for various PHC & CHC   Taxing time: All panchayats asked to collect garbage tax   Goa State Legislative Assembly ‘may' approve a pay hike for all MLAs & ministers in the upcoming winter session of the assembly scheduled to begin on December 13.

Steel output to touch 300 mn tons by 2030

The leaders of Indian steel industry have said that they will be able to nearly touch the target of 300 million tons of production by 2030 as envisaged by Prime Minister Narendra Modi’s government.

Story: the goan | network | 11th April 2017, 04:27 Hrs

PANAJI 

This key announcement was made at the fifth galvanizing, coating, profiling summit, which recently took place in Goa.   
Jubin Thakkar (M.D. – Colour Roof India), Nikunj Turakhia (President, Steel Users Federation of India), R.V. Sridhar (CEO – Essar Steel) and Rajesh Mehrotra (M.D. - Berger Becker Coatings) addressed media-persons at the summit.   
“The steel user industry has been lately grappling with multiple challenges like stagnant demand, fund crisis, policy bottlenecks, debtor’s defaults, sudden and multiple impositions of tariff and non-tariff barriers on imports, currency fluctuation and so on”, said Turakhia, president of SUFI.  
He further said that the union government has set an ambitious target of 300 million tons steel production which can be nearly achieved. Turakhia continued, “That is an ambitious target. If you can achieve 20-30 per cent 
lower than the target, 
then also you have achieved something”.  
The steel industry stakeholders during the 
event have listed out various issues that are concerning the trade.   
“Imposition of steel quality control order by Bureau of Indian Standards (BIS), 
imposition of safeguard duty and minimum import price (MIP) on several steel products were unprecedented moves and needed a comprehensive, united and forceful representation from the various segments of steel user industry across the 
nation,” stated statement issued by SUFI on the sidelines of the event.  

Related news

Drishti Marine's ferry service - Opening new horizons for Goa

The long-forgotten boat travels on Goa's seemingly beautiful, unexplored inland waterways are yet again set to redefine the way we travel and offer tourists a whole new experience Read more

Lisha's Cosmetics and Sparkles showroom: one sparkling gem on Panaji's street

From cosmetics to perfumes, Lisha's on 18th June Road in Panaji has it all. What one needs to do is just walk in and get lost for a few moments in the varied fragrances that are on offer Read more

Smile Goa shopping exhibition opened

Setting up shop for the first time in Margao, Smile Goa Shopping Exhibition was inaugurated by Babita Prabhudessai, Chairperson of Margao Municipal Council at SGPDA Ground, Margao. Read more