Chromium 2019: Be a partner in India's growth story with vibrant steel industry - Dharmendra Pradhan invites investors

Union Minister of Petroleum and Natural Gas and Steel, while participating in ‘Chromium 2019’, a Conference organised by International Chromium Development Association, said that Indian steel industry is becoming more vibrant and globally competitive, and invited investors to be partners in India's growth story. Pradhan spoke about India’s massive jump in Ease of Doing Business and growing attractiveness as an investment destination.

Speaking on the occasion, Pradhan said “Under the leadership of PM Narendra Modi, India is on a steady path to become a 5 trillion dollar economy with emphasis on both the ease of doing business as well as on ease of living.”

Speaking about India’s attractiveness as an investment destination, Pradhan said, “Our government has been making concerted efforts under the decisive leadership of Prime Minister Modi, to make India an attractive investment destination for businesses by providing investment-friendly governance. Political stability, predictable policies and a huge diverse market make India an attractive investment destination for global investors.”

Speaking about Indian steel scenario, he said, “Indian steel sector is becoming more vibrant, efficient, environment-friendly and globally competitive supported by the various policy measures taken by the Government and the entrepreneurial spirit of the industry.I am confident that stainless steel production and consumption in India will be growing alongside the rising economy”

On Chromium in India, Pradhan said, "In ferro-chrome capacity and production, I am proud to note that my home state of Odisha plays a leading role in this regard as it accounts for more than 95% of India’s chromium ore reserves, which are of a very high quality. The state has the potential to cater to domestic and global demand on a much larger scale and offers huge potential for large-scale domestic employment generation.”

Pradhan meets Gadkari to discuss roadmap

Also, Pradhan tweeted that he met Union Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Nitin Gadkari and discussed the roadmap for developing eastern India as a steel cluster as per PM Modi's vision of Purvodaya. 

Also, discussed the roadmap for developing eastern India as a steel cluster as per Hon. PM Shri @narendramodi vision of Purvodaya. Gadkari ji has committed his support for the idea and offered his valuable suggestions for this endeavour of @SteelMinIndia. pic.twitter.com/Uyie67Wypk

— Dharmendra Pradhan (@dpradhanbjp) November 5, 2019

"Also, discussed the roadmap for developing eastern India as a steel cluster as per Hon. PM Shri @narendramodi vision of Purvodaya. Gadkari ji has committed his support for the idea and offered his valuable suggestions for this endeavour of @SteelMinIndia," Pradhan tweeted.