Varma updates Modig on steel demand in India
Minister of State for Steel, Bhupathiraju Srinivas Varma, has explore collaboration opportunities in the field of Research and Development in Green Steel Production and other advanced technologies to reduce carbon emissions with Sweden’s State Secretary to Minister for Energy, Business and Industry, Sara Modig in New Delhi on 31 Oct.
Varma also highlighted India’s growing steel sector, with a target of achieving 300 million tonnes of crude steel production capacity by 2030. Notably, India’s domestic steel demand is growing at an impressive 11-13%, fuelled by large-scale infrastructure projects, while global demand faces a slowdown, the Ministry of Steel said.
The Minister reaffirmed the invitation extended to Sweden to participate in Bharat Steel 2026, an International Conference-cum-Exhibition dedicated to the steel industry, scheduled to be held on April 16–17, 2026, at Bharat Mandapam, New Delhi.
Sara Modig, visiting India, was accompanied by Ambassador of Sweden to India, Jan Thesleff and other Swedish Officials at the meeting. Fiinews.com
