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Invitation to the Steel Fair in India (04/05/2023)
India Steel Fair (INDIA STEEL 2023) organized by the Ministry of Steel, Government of India and Federation of Indian Chambers of Commerce and Industry (FICCI) from 19 to 21 April 2023 at Bombay Exhibition Center , Mumbai, India.

This event will provide an overview of the Steel industry and create the integrated platform needed to facilitate the development of the domestic industry and connect new technologies and innovative products, new tools and equipment in India and other countries in the region and the world.

This year's theme is "Balancing the dynamics of supply & demand by 2030: Building a New India", in addition to the exhibition activities, there will be plenary conferences, roundtables with business leaders. Karma; trading sessions to meet sellers - buyers.

The objective of the conference focused on the development drivers of supply & demand of the Indian steel industry by 2030, highlighting the importance of competitiveness, capacity, improving technical level, supporting the infrastructure. logistics infrastructure for the transportation of raw materials and finished steel, improved trade, bilateral dialogue and global reach of the Indian Steel industry.
Previously, at the 2019 Steel Fair, more than 200 exhibitors were attracted; More than 70 national and international speakers and more than 600 delegates attended the program.

The Indian Steel Industry plays an important role in the economy, industrial development and infrastructure. The steel industry contributes about 2.5% to GDP, employing 2.5 million people directly and indirectly.
India is now the world's second largest steel producer, crude steel production has increased to 120 tons in the fiscal year 2021-22, up 15.9% from the fiscal year 2020-21.
Domestic crude steel capacity increased from 137 tons in 2017 to 154 tons in fiscal year 2021-22. Total finished steel volume increased to 113.59 tons in fiscal year 2021-22, an increase of 18.1% year-on-year. with the fiscal year 2020-21.
Interested Vietnamese businesses can find more details at https://www.indiasteelexpo.in/ or contact the Vietnam Trade Office in India, Email: in@moit.gov.vn; trade@vietnamembassydelhi.in.
Source: Vietnam Trade Office in India
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