Steel ministry explores AI adoption for enhanced process optimisation

04 Nov 2024 CW Team

The Ministry of Steel held a "Chintan Shivir" at Vigyan Bhawan, focusing on advancing artificial intelligence (AI) to optimise processes across the steel sector. In his opening remarks, Secretary Poundrik emphasised the importance of adapting to the evolving global and domestic landscape, urging steel central public sector enterprises (CPSEs) to challenge traditional practices and adopt innovative strategies to boost operational efficiency.

The Secretary called on steel CPSEs to streamline project management, emphasising faster contract finalisation and execution to ensure timely project completion. Presentations on new energy-saving initiatives in blast furnace operations received positive feedback during the event.

Discussions highlighted the potential of AI and machine learning (ML) in enhancing not only production processes but also asset management, safety, quality control, data analytics, environmental impact assessment, and human resources management. Steel CPSE representatives also presented insights on tech upgrades, expedited project timelines, international asset acquisitions, and energy-saving measures to support green steel initiatives.

Secretary Poundrik concluded the session by expressing optimism that the discussions would chart a clear path for the Indian steel sector's growth. The event saw participation from high-level officials, including the Additional Secretary & FA, SAIL Chairman, CPSE CMDs, and over 120 participants from across steel CPSEs. (ET)

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..