$30 million corpus for steel tech mission to make India a metallurgical hub

20-Aug-2015 #MakeInIndia Source: The Hindu Businessline

Speaking at a national seminar, Sashi Shekhar Mohanty, Director Technical at SAIL stated that over $30 million has been allocated by the government for setting up of the Steel Research and Technology Mission of India (SRTMI) that aims to make India self-reliant in special steels. He added that the Government of India, through Steel Development Fund of the Steel Ministry has contributed $15 million to this corpus and the rest of the funds have come through contributions from various steel companies in the country.

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