Connect with us

Uncategorized

Bokaro Steel Plant Expansion to Boost Capacity and Employment

Expansion Plan to Increase Production to 7.55 MTPA

Published

4 months ago

on

Shares

Steel Minister HD Kumaraswamy announced a Rs 200 billion expansion plan for the Bokaro Steel Plant in Jharkhand on Tuesday, aimed at increasing its production capacity from 5.25 million tonnes per annum (MTPA) to 7.55 MTPA. The move is a step toward fulfilling India’s goal of self-sufficiency in steel production as part of the Atmanirbhar Bharat initiative.

The ambitious plan will include the construction of a new 4,500 cubic meter blast furnace, along with facilities such as thin slab casting, direct rolling, a calcining plant, a stamp-charged coke oven battery, and an expanded sinter plant. This overhaul is expected to strengthen India’s steel industry, contributing significantly to the nation’s economic growth and aligning with Prime Minister Narendra Modi’s vision of a 300 MTPA steel industry by 2030.

The expansion is also set to generate significant employment opportunities, including 10,000 indirect jobs and 2,500 permanent positions in the region. Additionally, the plant is making strides in sustainability with the installation of 30 MW of floating solar power and 20 MW of land-based solar power generation.

This expansion reaffirms India’s commitment to technological advancement and self-reliance in steel production, further enhancing the sector’s capacity to meet future demands.

Related Topics:
Continue Reading

Uncategorized

Cement demand to rise 7% in FY26

Published

3 days ago

on

May 29, 2025

By

Shares

India’s cement demand is projected to grow 6.5–7.5 per cent in FY26, supported by a ~10 per cent increase in central infrastructure spending and prospects of a strong monsoon, which could boost rural housing. In FY25, demand had moderated to 4.5–5.5 per cent due to electionled disruptions, sluggish project execution, and weak real estate activity. Infrastructure will remain the key demand driver, contributing ~30 per cent of total cement consumption— led by roads, railways, irrigation, and urban development. Notably, 12 major states have raised their budget allocations by 11 per cent, fuelling optimism. Rural housing (32–34 per cent share) is expected to gain from rising farm incomes, PMGSY, MNREGA, and higher average rural wages. Urban housing is likely to recover on a low base, improved pace under PMAY-Urban, and interest rate cuts.

Continue Reading

Uncategorized

World’s First Book on Carbon Steel Sourcing Launched by Hero Steels CEO

Panckaj N Umrania’s book offers strategic insights into steel sourcing.

Published

3 months ago

on

February 27, 2025

By

Shares
The global steel industry marked a milestone with the launch of “Mastering Carbon Steel Sourcing: From Domestic Suppliers to Global Partnerships,” the world’s first book on carbon steel sourcing. Authored by Panckaj N Umrania, Executive Director of KND Steel, the book was unveiled by Jitendra Sharma, ED & CEO of Hero Steels Ltd.
The event saw participation from industry leaders, policymakers, and representatives from JBM Group, Havells India, Philips Lighting India, Air India, and Northern Railways, underscoring its industry relevance.
Published by Academic Foundation India, the book serves as a guide for business leaders and sourcing professionals, covering supply chain optimisation, quality control, and cost management. It also highlights India’s growing role in global steel sourcing.
Speaking at the launch, Umrania stated, “This book addresses key sourcing challenges and provides practical solutions to help businesses enhance profitability.”
The event concluded with a panel discussion on the future of steel sourcing and supply chain innovation, reinforcing the book’s significance in transforming global sourcing strategies.
                     

Continue Reading

Uncategorized

Viva ACP Unveils Bricklyn: A Fusion of Tradition and Innovation

The new ACP series blends classic brick aesthetics with modern engineering.

Published

3 months ago

on

February 27, 2025

By

Shares
Viva ACP, Asia’s largest aluminium composite panel (ACP) manufacturer, has launched Bricklyn, a new addition to its Santa Fe series. Inspired by the strength of traditional bricks and reimagined with contemporary design, Bricklyn merges heritage aesthetics with advanced technology.
The design draws from Brooklyn’s urban energy and the stacking ingenuity of Jenga, offering structural integrity, aesthetic appeal, and creative flexibility. Available in a range of muted and bold hues, the panels allow architects to craft dynamic, visually striking façades.
Engineered using Stucco Textures and Synchro Technology, Bricklyn ensures durability and resilience with a 15-year warranty, reinforcing Viva ACP’s commitment to quality.
“Bricklyn is more than a cladding solution; it’s a tribute to tradition and innovation,” the company stated, positioning the series as a benchmark for modern architectural design.
               

Continue Reading

Trending News