Govt Launches 3 SRTMI Initiatives to Boost R&D in Steelmaking
ECONOMY & POLICY

Govt Launches 3 SRTMI Initiatives to Boost R&D in Steelmaking

Union Minister Bhupathiraju Srinivasa Varma has launched three initiatives under the Steel Research Technology Mission of India (SRTMI) to enhance R&D in steelmaking within the country, according to an official announcement.

SRTMI is a joint effort by the Ministry of Steel and the domestic steel industry. Varma, the Minister of State for Steel, launched the R&D schemes along with the SRTMI web portal to encourage innovation and sustainability in the steel sector.

The schemes were unveiled at the 'Catalysing R&D in the Indian Steel Sector' event, organised by the Ministry of Steel in the national capital. The new R&D initiatives and the SteelCollab portal are set to play a key role as India aims for a 300 million tonnes steel capacity by 2030, as stated by the minister.

The first scheme, the Challenge Method, focuses on identifying and addressing critical industry challenges, while the Open Innovation Method supports research proposals from academia and researchers in collaboration with the industry.

The third initiative, the Start-up Accelerator scheme, aims to support early-stage startups in developing innovative steel technologies. The SteelCollab platform will serve as a hub to connect industry leaders, researchers, startups, and academia to foster decarbonisation, digitalisation, and the development of advanced steel technologies.

Union Minister Bhupathiraju Srinivasa Varma has launched three initiatives under the Steel Research Technology Mission of India (SRTMI) to enhance R&D in steelmaking within the country, according to an official announcement. SRTMI is a joint effort by the Ministry of Steel and the domestic steel industry. Varma, the Minister of State for Steel, launched the R&D schemes along with the SRTMI web portal to encourage innovation and sustainability in the steel sector. The schemes were unveiled at the 'Catalysing R&D in the Indian Steel Sector' event, organised by the Ministry of Steel in the national capital. The new R&D initiatives and the SteelCollab portal are set to play a key role as India aims for a 300 million tonnes steel capacity by 2030, as stated by the minister. The first scheme, the Challenge Method, focuses on identifying and addressing critical industry challenges, while the Open Innovation Method supports research proposals from academia and researchers in collaboration with the industry. The third initiative, the Start-up Accelerator scheme, aims to support early-stage startups in developing innovative steel technologies. The SteelCollab platform will serve as a hub to connect industry leaders, researchers, startups, and academia to foster decarbonisation, digitalisation, and the development of advanced steel technologies.

Next Story
Infrastructure Urban

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Next Story
Equipment

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Next Story
Equipment

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement