BCC&I organized ‘Steel Round Table: The Way Forward,’ on 12th September 2014 in the Chamber Premises. The focus was on policy issues for the steel sector.

The target set by the Government of achieving 300 Mtpa of steel production by 2030, seems to be very ambitious unless impediments are addressed. India has become a net importer of steel and with issues varying from simplifying financial closure of projects, availability of land, inadequate capacity in the country to produce capital equipment for steel plants, availability of raw materials with right quality & price, non transparent policy to allocate captive mines to integrated steel plants, inter-state movement of iron ore and FTAs among others; it would be really a difficult target to achieve. In this context, the Bengal Chamber organized this conclave with the objective of bringing together relevant stakeholders and experts in this sector for enabling meaningful deliberations and addressing key issues to reach a consensus and generate a white paper to be sent to the Ministry of Steel, Government of India.

The Steel Industry was born in the Eastern region and therefore it was all the more relevant and appropriate to hold this Summit in this region. The seminar witnessed the participation of a large number of delegates and the media.