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MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017

MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017

MSMEs ESTABLISHED UNDER NATIONAL STEEL POLICY, 2017

MSME : 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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