The 4th edition of ‘India Steel 2019 – Exhibition & Conference’ organised by the Ministry of Steel, Government of India along with the Federation of Indian Chambers of Commerce and Industry (FICCI) was launched in Mumbai on January 22, 2019.
The annual steel exhibition and conference aims at developing a road map for the growth of the industry. Over the years, the event has become the most preferred platform for buyers, sellers, technology providers, manufacturers, traders, importers, investors and other allied organisations and institutions from the steel sector to interact and develop business relationships.
With the theme ‘Balancing Steel Demand & Supply Dynamics: Building a New India’, the event will highlight the current trends, developments, challenges and prospects of the steel industry. A Reverse Buyer Seller Meet (RBSM) with delegations from the CIS, Africa, SAARC, and the Middle East will be organised which will help the Indian exporters interact with their potential buyers from these countries and forge collaborations. More than 250 hosted buyers will participate and have pre-fixed B2B and B2G meetings.
The event witness the participation of over around 250 exhibitors from 15 countries who will showcase their products and innovation. About 10,000 business visitors, including international visitors, are expected to visit the three-day event. The Reverse Buyer and Seller Meet which is one of the key features of the event, is expected to attract 200 plus buyers from over 67 countries.
Speaking about the event Chaudhary Birender Singh, Minister of Steel, Government of India said, “As India becomes the second largest steel producer in the world, ‘India Steel 2019’ will help chart out the future growth path of the steel industry.”
Singh added, “The present economic boom and Government initiatives like Pradhan Mantri Awas Yojna-Affordable Housing, Sardar Patel Urban Housing Mission, Smart Cities Mission, Pradhan Mantri Gram Sadak Yojna, Urban Infrastructure Development Scheme for Small & Medium Towns (UIDSSMT), Development of Industrial Corridors & Investment & Manufacturing Zones, Clean-Energy initiative etc., will be major contributors for the growth of steel consumption in the country.”
