ENA Sectors 2026-04-08 15:49:51 <p><span style="font-size:14px"><strong>New Delhi, Apr 8 (KNN) </strong>The steel sector must reimagine its growth path and move to a model based on circular economy and green decarbonization, said Minister of Steel &amp; Heavy Industries HD Kumaraswamy. </span></p> <p><span style="font-size:14px">While inaugurating a workshop in New Delhi, the minister called for transforming ideas into implementation and research into results.</span></p> <p><span style="font-size:14px">The Steel Research &amp; Technology Mission of India (SRTMI), a joint initiative of the Ministry of Steel and major Indian steel players organized the high-level workshop titled SRTMI R&amp;D Connect: From Ideas to Industrial Impact.</span></p> <p><span style="font-size:14px">Representatives from the steel industry, academic institutions, research organisations, and startups participated in the workshop.</span></p> <p><span style="font-size:14px"> By empowering our startups and prioritizing indigenous technology, we are not just producing steel; we are forging a modern, sustainable, and Atmanirbhar industry that stands as a global benchmark for excellence, Kumaraswamy said.</span></p> <p><span style="font-size:14px">Steel Secretary Sandeep Poundrik highlighted Indias growth trajectory in the global context. While the global steel landscape faces contraction, India remains a key growth driver. This presents both an opportunity and responsibility to lead through innovation, he said, stressing the need for sustained investment in research and development.</span></p> <p><span style="font-size:14px">SRTMI President and SAIL Director (Mines) M.R. Gupta underlined the importance of a mission-mode approach. Our focus is on faster technology development, pilot-scale validation, and accelerated commercialisation to enhance productivity and sustainability, he said.</span></p> <p><span style="font-size:14px">The workshop featured technical sessions on operational efficiency, circular economy practices, decarbonisation, and legal and policy frameworks. A startup pitch session showcased solutions in process optimisation, digitalisation, waste utilisation, and advanced materials. Leading companies also presented industry-driven problem statements aligned with green steel and resource efficiency goals.</span></p> <p><span style="font-size:14px">An interactive segment enabled the Minister and senior officials to engage with students, researchers, and startups presenting their innovations through poster sessions. The event concluded with a panel discussion and knowledge-sharing sessions.</span></p> <p><span style="font-size:14px">The Ministry of Steel in a press release said the workshop aimed to bridge the gap between research and industrial application, while strengthening the R&amp;D ecosystem.<br /> <br /> <em><strong>(KNN Bureau)</strong></em></span><br /> </p> 45719 https://knnindia.co.in/news/newsdetails/sectors/steel-sector-must-shift-to-circular-economy-based-growth-model-says-minister 2026-04-08 15:49:51 knnindia.co.in