Odisha Partners with GSSE to become Stainless Steel Des

18 Sep 2023 CW Team

The State of Odisha has forged a strategic partnership with the Global Stainless-Steel Expo 2023 (GSSE) with the aim of positioning Odisha as the global 'Stainless Steel Destination.' This collaboration comes in response to the surging interest from the stainless-steel industry in investing in Odisha. Odisha's remarkable economic growth has propelled it to become the fastest-growing economy in India and the nation's leading producer of stainless steel, contributing over 20 percent of the country's crude steel production capacity.

The partnership with GSSE presents Odisha with a unique opportunity to engage with over 150 stainless steel producers and an impressive contingent of 10,000 distributors, stockists, and industry end-users hailing from 25 states and 30 countries. These stakeholders will converge at this monumental expo.

Mr. Pratap Keshari Deb, the Minister for Industries, MSMEs, and Energy for the Government of Odisha, has consistently advocated for Odisha as the preferred destination for metal and allied industries, highlighting the state's abundant natural resources and conducive business environment. Partners and visitors attending the GSSE Expo will have the privilege to interact directly with the Government of Odisha.

Given the anticipated rapid growth of the country's economy in the near future, the demand for value-added products is poised to skyrocket. This presents a promising opportunity for the development of the downstream industry, especially in Odisha, which stands as the largest producer of steel, stainless steel, and various other metals.

The Odisha-GSSE collaboration is poised to usher in a new era of growth and development for the stainless-steel sector, solidifying Odisha's status as a global hub for stainless steel production and innovation.

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