The steel industry in India is going through a lot of changes right now. A few big trends are pushing this forward. Check them here!
Advanced technologies like automation, AI, and IoT are being used more in steel production to make things faster and save money.
Steel manufacturers are expanding their product range to meet the needs of high-value markets like aerospace and electric vehicles.
Steel demand is high in many developing regions, encouraging Indian steel companies to explore partnerships and strategies for global expansion.
More steel companies are using data analytics and e-commerce platforms, which help them understand market trends better and make better business decisions.
Steel manufacturers are constantly investing in R&D to develop advanced steel products that meet high-quality and durability standards.
Indian steel companies are investing in training programs to help their employees keep up with the latest innovations and have the required skills for the latest technology.
Steel companies are focusing on recycling and reusing materials to reduce waste and create a sustainable business model.