SynopsisThe Global Stainless-Steel Expo 2023 (GSSE 2023) in Mumbai kickstarts with the Odisha Government's groundbreaking subsidy scheme to boost the stainless-steel industry. The event gathers industry leaders, including Jindal Stainless and government officials, highlighting the pivotal role of stainless steel in India's growth. The stainless-steel industry's resilience and its promising future are discussed, with predictions of significant growth. The event explores stainless steel's potential across various sectors and its contribution to a sustainable future.ArticleMumbai, September 14, 2023 - The Global Stainless-Steel Expo 2023 (GSSE 2023) commenced in Mumbai with an ambitious announcement by the Odisha Government. This momentous event aims to propel India's stainless-steel industry to new heights, solidifying Odisha's commitment to becoming a global stainless steel hub.Distinguished dignitaries, including Shri. Hemant Sharma, Principal Secretary, Industries, Government of Odisha; Mr. Abhyuday Jindal, Managing Director, Jindal Stainless Ltd.; Dr. Aruna Sharma, GSSE Steering Committee Member and Former Secretary, Ministry of Steel; and Ms. Anitha Raghunath, Director, Virgo Communications and Exhibitions, graced the inauguration.In his address, Mr. Abhyuday Jindal, Managing Director of Jindal Stainless, highlighted the omnipresence of stainless steel in various aspects of life. He also emphasized the historic significance of stainless steel's use in monumental events, including space missions.A special report titled 'India's Amritkal' by SteelMint was unveiled at the event, shedding light on the challenges and triumphs of the stainless-steel industry. While the industry faced challenges due to weakened global and domestic demand, it rebounded quickly, showcasing resilience.Shri Hemant Sharma, Principal Secretary, Industries, Government of Odisha, underscored Odisha's pivotal role as the largest producer of iron ore and bauxite in India, essential for industries like steel and aluminum.He announced a game-changing investment by Jindal Stainless in Odisha, involving the expansion of a stainless steel plant to 3.2 million tonnes per annum (MTPA). This move reinforces the state's commitment to the stainless-steel sector and its potential for growth.According to Ms. Anitha Raghunath, Director of Virgo Communications and Exhibitions, the demand for stainless steel in India is projected to grow significantly, doubling the growth rate of the previous years.Jindal Stainless is proud to be the title partner of GSSE 2023, which aims to bring global stakeholders together to discuss the future of this eco-friendly metal on a national and international scale.Conclusion:The Global Stainless-Steel Expo 2023 (GSSE 2023) marks the beginning of an exciting era for India's stainless-steel industry. The Odisha Government's subsidy scheme and the industry's resilience are driving growth and innovation. The event highlights the vital role stainless steel plays in India's development and its potential to contribute to a sustainable future.
SynopsisThe Global Stainless-Steel Expo 2023 (GSSE 2023) in Mumbai kickstarts with the Odisha Government's groundbreaking subsidy scheme to boost the stainless-steel industry. The event gathers industry leaders, including Jindal Stainless and government officials, highlighting the pivotal role of stainless steel in India's growth. The stainless-steel industry's resilience and its promising future are discussed, with predictions of significant growth. The event explores stainless steel's potential across various sectors and its contribution to a sustainable future.ArticleMumbai, September 14, 2023 - The Global Stainless-Steel Expo 2023 (GSSE 2023) commenced in Mumbai with an ambitious announcement by the Odisha Government. This momentous event aims to propel India's stainless-steel industry to new heights, solidifying Odisha's commitment to becoming a global stainless steel hub.Distinguished dignitaries, including Shri. Hemant Sharma, Principal Secretary, Industries, Government of Odisha; Mr. Abhyuday Jindal, Managing Director, Jindal Stainless Ltd.; Dr. Aruna Sharma, GSSE Steering Committee Member and Former Secretary, Ministry of Steel; and Ms. Anitha Raghunath, Director, Virgo Communications and Exhibitions, graced the inauguration.In his address, Mr. Abhyuday Jindal, Managing Director of Jindal Stainless, highlighted the omnipresence of stainless steel in various aspects of life. He also emphasized the historic significance of stainless steel's use in monumental events, including space missions.A special report titled 'India's Amritkal' by SteelMint was unveiled at the event, shedding light on the challenges and triumphs of the stainless-steel industry. While the industry faced challenges due to weakened global and domestic demand, it rebounded quickly, showcasing resilience.Shri Hemant Sharma, Principal Secretary, Industries, Government of Odisha, underscored Odisha's pivotal role as the largest producer of iron ore and bauxite in India, essential for industries like steel and aluminum.He announced a game-changing investment by Jindal Stainless in Odisha, involving the expansion of a stainless steel plant to 3.2 million tonnes per annum (MTPA). This move reinforces the state's commitment to the stainless-steel sector and its potential for growth.According to Ms. Anitha Raghunath, Director of Virgo Communications and Exhibitions, the demand for stainless steel in India is projected to grow significantly, doubling the growth rate of the previous years.Jindal Stainless is proud to be the title partner of GSSE 2023, which aims to bring global stakeholders together to discuss the future of this eco-friendly metal on a national and international scale.Conclusion:The Global Stainless-Steel Expo 2023 (GSSE 2023) marks the beginning of an exciting era for India's stainless-steel industry. The Odisha Government's subsidy scheme and the industry's resilience are driving growth and innovation. The event highlights the vital role stainless steel plays in India's development and its potential to contribute to a sustainable future.
