MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017

Ministry of Steel

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MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017

Posted On: 20 DEC 2024 5:30PM by PIB Delhi

Steel is a deregulated sector and the Government acts as a facilitator by creating a conducive policy environment for the development of steel sector in the country, including MSME. The decision regarding setting up of a steel plant is taken by industry based on techno-commercial consideration including raw material availability, distance from port, logistics etc. Details of the number of steel units (including MSME units) established during the last five years, state-wise, is given in Annexure. Current status of the sector vis-à-vis projections in National Steel Policy (NSP), 2017 is given as under: –

Projections of National Steel Policy (NSP), 2017 and Current Status:

(in million tonnes)

Sr. No.

Parameter

Projections for the year (2030 – 31)

under NSP, 2017

Current Status

(FY 2023-2024)

i.

Total crude steel capacity

300

179.51

ii.

Total crude steel demand/production

255

144.04

iii.

Total finished steel demand/production

230

138.82

iv.

Per Capita Finished Steel Consumption (in kg)

158

97.70

This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha today.

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MG/KSR

Annexure

Number of steel units (including MSME units) established during the last five years

STATE

NO. OF UNITS

ANDHRA PRADESH

8

ASSAM

8

CHHATTISGARH

33

DNHDD

1

GOA

1

GUJARAT

68

HARYANA

13

HIMACHAL PRADESH

7

JHARKHAND

4

KARNATAKA

1

KERALA

1

MADHYA PRADESH

12

MAHARASHTRA

22

MEGHALAYA

1

ODISHA

8

PUNJAB

32

RAJASTHAN

8

TAMIL NADU

23

TELANGANA

7

TRIPURA

1

UTTAR PRADESH

16

UTTARAKHAND

9

WEST BENGAL

21

TOTAL

305

Source: Joint Plant Committee

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