R&D in Steel Sector

Press Release ID: 117086
Date: Mon, 16 Mar 2015
Ministry: Ministry of Steel

            Major steel companies like Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) in the public sector, and Tata Steel Limited, JSW Steel Limited, Essar Steel Limited and Jindal Steel & Power Limited in the private sector are engaged in Research and Development work in the iron and steel sector in the country. The R&D programmes pursued by the companies inter-alia includes R&D in raw materials upgradation; improvement in process/technology, products & productivity; development of new products & improvement in quality; and Improvement in energy consumption & environment management.

 

            According to information available from the steel companies, the expenditure incurred on R&D activities during the last three years and the current year are given hereunder:-

(Rs. in crore)

S. No. Company R&D Investment
2011-12 2012-13 2013-14 2014-15 (provisional)
1. SAIL 142 156 121 124
2. RINL 20.29 31.13 50.27 20.41
3. Tata Steel 52.98 59.73 80.51 N.A
4. JSW Steel 60.81 45.87 25.21 27.28
5. JSPL 8.98 28.57 14.21 15.65
6. Essar Steel N.A 25.56 22.65 19.92

 

            A new scheme ‘Promotion of R&D in Iron & Steel Sector’ was introduced by the Government in the 11th Five Year Plan which has been continued in the 12th Five Year Plan. A new component has been added in the aforesaid scheme in the 12th Five Year Plan for development of technology for Cold Rolled Grain Oriented (CRGO) electrical steel sheets and other value added innovative steel products.

            This information was given by Minister of State Sh. Vishnu Deo Sai in reply to a question Lok Sabha today

 

YSK/Uma

 

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