The following table shows the details of capacity and production of crude steel during last five years:-

 

Year	Capacity(in MnT)	Production(in MnT)
2020-21	143.91	103.54
2021-22	154.06	120.29
2022-23	161.30	127.20
2023-24	179.51	144.30
2024-25	200.33	152.18

 

Share of MSMEs in crude steel capacity in 2024-25 is given below:-

 

Crude Steel Capacity
Year	Secondary steel plants including MSMEs	Total	%Share
2024-25	94.42	200.3	47%
Source: Joint Plant Committee(JPC);figures in million tonnes

 

Steel is a de-regulated sector and the government acts as a facilitator by creating a conducive policy environment for the development of the steel sector. The government has taken several measures to make the steel sector, including MSMEs in the sector, self-reliant and to improve the competitiveness of domestic steel manufacturers to reduce dependency on imports which include the following:

 

1. 1. Implementation of Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting ‘Made in India’ steel for Government procurement.
   2. Launch of the Production Linked Incentive (PLI) Scheme for Specialty Steel to promote the manufacturing of value-added steel within the country and reduce imports by attracting capital investments.
   3. Revamping Steel Import Monitoring System (SIMS) for monitoring of imports to provide granular details on imports to the domestic steel industry.
   4. Introduction of Steel Quality Control Orders thereby banning sub-standard/ defective steel products in the domestic market as well as imports to ensure the availability of quality steel to the industry, users, and public at large.

 

This information was given by the Minister of State for Steel, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.

 

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TPJ/NJ

(Release ID: 2149769)