Kumaraswamy Urges Tech Adoption To Boost Steel Competitiveness

29 Jun 2026 CW Team

Adoption of these technologies was said to deliver gains in throughput and operational efficiency while aiding decarbonisation and export competitiveness. Digitalisation and automation enable predictive maintenance that identifies equipment faults before failure and reduces unplanned downtime. Automation also lowers human error and enhances workplace safety in plants.

The government is aiming for 300 million tonne (mn t) steel capacity by 2030 and 400 mn t by 2035, driven by domestic fundamentals. Large scale infrastructure, manufacturing growth under Make in India, renewable energy expansion and rapid urbanisation were cited as demand drivers. The outlook was described as promising but dependent on securing raw materials and modernising operations.

The minister characterised digitalisation as a foundational cornerstone for long term survival and growth of the sector. He emphasised that technology must be customised and integrated to plant level needs and value chains. The steel secretary said the tools and solutions exist and that implementation and adaptation are now the primary tasks for industry.

Policy support and private investment will be required to scale pilot projects into full deployments and to build workforce capability for intelligent systems. Wider data driven models can support export competitiveness while helping meet sustainability commitments. Stakeholders were urged to prioritise adoption, integration and skill development so that the sector captures productivity and safety gains offered by digitalisation.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Union Steel Minister HD Kumaraswamy urged the steel industry to embrace emerging technologies to remain globally competitive and boost productivity at Chintan Shivir 2026 convened by the Ministry of Steel in the national capital. He said the future of the sector would depend not only on production capacity but on intelligent ecosystems that link public and private participants. The minister identified artificial intelligence, machine learning, industrial internet of things, digital twins, robotics and advanced data analytics as technologies reshaping steel manufacturing. Adoption of these technologies was said to deliver gains in throughput and operational efficiency while aiding decarbonisation and export competitiveness. Digitalisation and automation enable predictive maintenance that identifies equipment faults before failure and reduces unplanned downtime. Automation also lowers human error and enhances workplace safety in plants. The government is aiming for 300 million tonne (mn t) steel capacity by 2030 and 400 mn t by 2035, driven by domestic fundamentals. Large scale infrastructure, manufacturing growth under Make in India, renewable energy expansion and rapid urbanisation were cited as demand drivers. The outlook was described as promising but dependent on securing raw materials and modernising operations. The minister characterised digitalisation as a foundational cornerstone for long term survival and growth of the sector. He emphasised that technology must be customised and integrated to plant level needs and value chains. The steel secretary said the tools and solutions exist and that implementation and adaptation are now the primary tasks for industry. Policy support and private investment will be required to scale pilot projects into full deployments and to build workforce capability for intelligent systems. Wider data driven models can support export competitiveness while helping meet sustainability commitments. Stakeholders were urged to prioritise adoption, integration and skill development so that the sector captures productivity and safety gains offered by digitalisation.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Real Estate

10 Jul 2026

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Real Estate

10 Jul 2026

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..