New Delhi (23.01.2025): After successful revival plans for Rashtriya Ispat Nigam Limited (RINL), the Narendra Modi government is planning to revive four more nationalised steel plants -- Bhadravati Steel Plant, KIOL in Mangaluru, Karnataka and Salem Steel Plant in Tamil Nadu. There is one more under consideration for revival.
These plans aim to generate more employment, strengthen the plants’ self-sustainability, and align with PM Modi’s ‘Make in India’ vision. The initiative has already begun with Minister of Steel and Heavy Industries H D Kumaraswamy personally visiting these plants and assessing revival strategies.
It also carries the PM’s target of bringing India’s steel production to 300 million tonnes by 2030. Aligned with this vision, Kumaraswamy is learnt to have started work in building India’s indigenous and nationalised plants to be more self-sufficient in terms of infrastructure and labour force.
Centre may revive four more steel plants after RINL
By IndianMandarins - 2025-01-23 12:44:00
New Delhi (23.01.2025): After successful revival plans for Rashtriya Ispat Nigam Limited (RINL), the Narendra Modi government is planning to revive four more nationalised steel plants -- Bhadravati Steel Plant, KIOL in Mangaluru, Karnataka and Salem Steel Plant in Tamil Nadu. There is one more under consideration for revival.
These plans aim to generate more employment, strengthen the plants’ self-sustainability, and align with PM Modi’s ‘Make in India’ vision. The initiative has already begun with Minister of Steel and Heavy Industries H D Kumaraswamy personally visiting these plants and assessing revival strategies.
It also carries the PM’s target of bringing India’s steel production to 300 million tonnes by 2030. Aligned with this vision, Kumaraswamy is learnt to have started work in building India’s indigenous and nationalised plants to be more self-sufficient in terms of infrastructure and labour force.