Industry that wants to develop high-quality steel to reduce the import dependence of the car sector: Kumaraswamy

The steel industry of India looks at the development of specialized high-quality steel that is used in certain car parts or components to reduce the dependence on the import sector, said Union HD Kumaraswamy on Thursday.

India has long been dependent on the input for high -quality steel, which is crucial for defense and strategic sectors, in addition to automotive components. There is a growing demand for high -quality steel because mega projects are initiated throughout the country.

Kumaraswamy, the Minister of Steel and Heavy Industries, which has tackled the annual convention of the Society of Indian Automobile Manufacturers (SIAM) here and from March 2025 companies have invested in RS 29.576 Crore in Capital and Operational Technology.

The PLI Auto schedule has also created thousands of direct and indirect jobs in production, supply chain management and R&D, he shared.

“As a Minister of Steel, I would also like to make use of this opportunity to ensure the Indian car industry that the Steel Ministry will offer all the necessary support to the car sector, and would be a stronger of make in India … The steel industry looks at the development of specialized steel needed for certain components in the auto sector in the autosector in the autos,” ” Kumaraswamy in the car sector in the car sector in the car, which is not necessary, “Kumaraswamy in the car sector in the car, which is not necessary,” Kumaraswamy in the car sector in the car, is not near a video in the car. message.

He noted that, although the government can create the engaging of policy, it is the industry, research institutions and startups that will bring innovation to life. “Our Ministry works closely with car manufacturers, technology suppliers and energy companies to ensure that India achieves its domestic sustainability goals and also becomes a global exporter of sustainable mobility solutions,” he said. The minister insisted on all stakeholders to think beyond incremental changes, ask them to bind to daring steps, embrace innovation and make India a beacon of sustainable mobility for the world.

In September 2021, the Union Cabinet Pli schedule approved car and car components with a budgetary edition of RS 25,938 Crore.