MoS Shri Bhupathi Raju Srinivasa Varma held meeting with State Secretary to Minister for Energy, Business and Industry of Sweden and other Swedish Officials
MoS Shri Bhupathi Raju Srinivasa Varma held meeting with State Secretary to Minister for Energy, Business and Industry of Sweden and other Swedish Officials
Union Minister of State for Steel, Bhupathiraju Srinivas Varma, held a productive meeting with Ms. Sara Modig, State Secretary to Minister for Energy, Business and Industry, Sweden, at Ministry of Steel, New Delhi. Ms Sara Modig was accompanied by Ambassador of Sweden to India, His Excellency Mr. Jan Thesleff and other Swedish Officials.
The Minister Srinivas Varma highlighted India’s growing steel sector, driven by visionary leadership of Prime Minister Shri. Narendra Modi, with a target of achieving 300 million tonnes of crude steel production capacity by 2030. Notably, India’s domestic steel demand is growing at an impressive 11-13%, fuelled by large-scale infrastructure projects, while global demand faces a slowdown.
Among other topics, the discussions were held to explore collaboration opportunities in the field of Research and Development in Green Steel Production and other advanced technologies to reduce carbon emissions.
The Minister reaffirmed the invitation extended to Sweden to participate in Bharat Steel 2026, an International Conference-cum-Exhibition dedicated to the steel industry, scheduled to be held on April 16–17, 2026, at Bharat Mandapam, New Delhi.
