DAY 2 - IndiaSteelShow2017

BuILDINg RESPONSIVE, INCLuSIVE & COLLECtIVE SOLutIONSScan QR-Code &View ePaper DAY 2news BRICs TRADE FAIR@show 12–14 October, 2016, Pragati Maidan, New Delhi 19 – 21 April, 2017 Mumbai Exhibition CentreFor Private Circulation Only DAY 1 Mumbai, India The Yellow Show Your BRICS – Event Market Mantra 4 Imprint 6 Preview 1,2 & 5 Agenda 5 Delegate's Corner 7 BRICS Road Business! Exhibitor's Voice 6 Floor Plan 8 President, FICCI, Set a measurement Leader-Speak 3 Harshavardhan Neotia 3 framework 4Nirmala Sitharaman,Minister of State (Independent Charge)Commerce & Industry, Govt of IndiaDeepening and strengthening trade and economic From LtoR: Vice Chairman, SUN Group, Shiv Khemka; Chairman, Sun International Ltd, Vikramjit Singh Sahney; Chairman & CEO, Apollo Tyres, Onkar Singh Kanwar; Prime Minister, India, Narendra Modi; Union Finance Minister, Arun Jaitley; Chairman, Max Financial Services & Senior Advisor Advent,cooperation is the key objective Private Equity, Naina Lal Kidwai; Executive Director, United Phosphoros Ltd, Jai Shroff during the BRICS Summit in Ufa Russiafor members of the BRICS BRICS Trade Экспо-шоу BRICS Tradegrouping. The strategy for BRICS Fair 2016 – BRICS 2016 - Fair 2016 –Economic Partnership adopted Towards Углубление 深化雙邊關係last year at Ufa, Russia, sets Deeper Ties связейthe tone and direction for thesteps that we need to take fordeepening Intra-BRICS trade,economic and investment ties.The first BRICS Trade Fairbeing organized at New Delhi Organised by Ministry Выставку, бизнес-форумfrom October 12 to 14, 2016 of Commerce & Industry, и деловой советmarks a significant milestone inworking towards the fulfillment Ministry of External Affairs представители стран BRICS вof these objectives. The Fair and the Federation of 2016 году проводят в Pragatiwill contribute immensely Indian Chamber of Maidan, Нью-Дели, с 12 по 14to the promotion of intra- Commerce and Industry октября. СобытиеBRICS economic cooperation. (FICCI), the BRICS Trade направлено активизироватьIt provides an excellent Стратегию BRICS с цельюopportunity for companies bothfrom the public and the private Fair, Business Forum & достижения экономического sector to showcase their goods, Business Council held of the партнерского 2017 show services and technologies. GoverantmPenrat gofaItnidMiaataidkianng,a tour exвhзiаbиitмs aоtдtеhйeсIтnвdиiaяS. teel Организаторы:BirenIdaemr Scionngfhid,eMntinthisattermoefmSbteeresl,of the business fraternity from New Delhi from October the BRICS countries and all 12–14, 2016 aspires to Министерство торговли и the participants will find this промышленности Индии, platform relevant and useful, дМеилнИинстдеирис,тФвеодиенроасцтиряанныхivakasa ka p`xaop pqaGroawndtwhisTh raall pjearctictioparnyts success in fostering mutually beneficial торгово-промышленных палат Индии (FICCI).Pavingpartnerships. energize the BRICS rah Strategy for economic the road to saflata kIpartnership. More on page 2success banaanaaIndia Steel 2017 once again lived up to its expectations with a highly optimistic [MiDyaa sTIla 2017 kI Sau$Aat ifr ek baar ]mmaId pr KrI ]trI tqaa A%yaaiQakstart. The tone of the first day of the event was set just right with the AaSaavaadI huš. ABaUtpUva- AagaMtuk AaOr Apnao raocak ]%padkaoM kao poSa krnao hotuunprecedented number of visitors and exhibitors for the interesting product AaOr iSaxaap`d sa~ ka Aayaaojana krnaovaalao p`dSa-kaoM nao phlao idna hI [sa p`dSa-naI kaolaunches and educative sessions. idlacasp banaayaa.Day one of the three-day India A CALL TO BETTER THE BEST tIna idvasaIya [MiDyaa sTIla e@spao ko pihlao idna kha¸ “iva%tIya vaYa- 2016–1­7 maoM BaartIya [spat Steel Expo was full of action Birender Singh, Minister of Steel, kI Sau$vaat ]%padkaoM kI poSaI AaOr jaanakarI ko ]Vaoga nao bahut AcCa p`dSa-na ikyaa. hmaarI [spat with product launches and Government of India apprised, “In sahBaajana hotu Aayaaoijat ivacaar gaaoYzI ko saaqa ]%pad kI inayaa-t dugaunaI huš. tIna saala ko raokknowledge-sharing conferences going financial year 2016-17, the Indian Steel jaaoSa maoM huš. idna ka AarMBa p^naola sa~ ko saaqa ko baad¸ Baart Sauw inayaa-tk ko $p maoM poSa huAaon hand-in-hand. The day kick-started industry performed exceedingly well. We huAaÊ ijasa maoM maM~alaya AaOr ]Vaoga ko ivaSaoYa&ao nao hO. [spat kI Aayaat ek ithaš sao GaT ga[- AaOrwith an inaugural session following doubled our exports of steel products. Baart ko [spat kI istqaI ko baaro maoM sakara%mak kccao [spat ka ]%padna naaO p`itSat sao baZ, gayaa.panel sessions that saw experts from India became a net exporter of steel ivacaar rKo. ipClao iva%tIya vaYa- maoM Baart maoM [spat kI Kptthe Ministry and industry reflecting after a gap of three years. Steel imports tIna p`itSat sao baZ gaš.”their thoughts on the present positive were reduced by 1/3rd and increased AcCo kao ]%tma banaanao kI ApIlaIndian steel scenario. production of crude steel by around 9 Contd on page 2 koMd`Iya [spat maM~I ibaroMd` isaMh nao Avagat karato hue

2 Thursday, April 20, 2017 | Day 2Continued from page 1 automobile, railways is grown.” “hmaara inayaaoga 2017–1­8 maoM ‘ek p`itSat AiQak ]nhaoMnao khaÊ [spat ko [na fayadaoM kao baZ,avaa donaa Steel’s benefits are numerous namely ivakasa’ yah haonaa caaihe¸” ]nhaoMnao ASaa jaatayaI. caaihe tqaa ]sao saMcaairt ikyaa jaanaa caaihe.percent. During the last financial year, it is highly sustainable, recyclable, and bauinayaadI ZaMcaa xao~ maoM caar laaK kraoD, Épyao ko [sakI Kpt baZ,nao ko ilae laaogaaoM kao [sako baaroconsumption of steel in India increased also 90% of its by-products can be inavaoSa kI vajah sao Kpt baZ,nao ko ilayao baDa Avasar maoM Avagat krnaa caaihe.by 3 percent.” reused. These benefits, he said, need hO. ivaSva [spat saMGaTna nao Anaumaana lagaayaa hO ik“Let our mission for 2017-18 be to be promoted and communicated. 2017 maoM Baart maoM [spat ik maaMga 5º7 p`itSat sao ek sakara%mak pirdRSya‘Plus One Percent Growth Rate’,” People should be made aware of these baZ,ogaIÊ jaba kI vaOiSvak str pr [spat kI maaMgahe enthused. With Rs 4 lakh crore of in order to increase its consumption. 0º5 p`itSat sao baZ,ogaI. [sailayao 2017 maoM Baart “Baart maoM vaoM saarI saamaga`IyaaM hOMÊ ijasakI tlaaSainvestments planned in infrastructure maoM ivaSva str ko dsa gaunaa maaMga baZogaI. ek safla Aqa-vyavasqaa ko ilae hma krtoMsector, there is a huge opportunity for A POSITIVE SCENARIO hOMÊ” valD- sTIla A^saaoisaAoSana ko mahainadoSakincreasing consumption. The World “India has all the ingredients we look p`yaasa ka svaIkar Da^ eD,ivana ba^sana nao kha. vaoM dao saala phlao BaartSteel Association has projected Indian for in a successful economy,” said Dr Aae qao AaOr dao saala maoM Aae hue pirvat-na kaosteel demand to grow by 5.7 percent in Edwin Basson, Director General, World [spat xao~ kao punajaI-ivat krnao hotu AaOr maMca banaanao doK saktoM hOM.2017. While globally steel demand has Steel Association. He came to India two ko ilayao ikyao gayao sarkar ko p`yaasa kI p`SaMsaa Da^ ba^sana yah inaiScat kr sakto hOM ik ek raYT/been projected to grow by 0.5 percent in years ago and can see the change that krto hue if@kI ko mahasaicava Da^ e dIdar isaMh kao p`gait ko ilae @yaa krnaa pD,ta hO: vah caIja,2017. So the demand in India will grow has happened in these two years. nao kha¸ “[spat ]Vaoga Aaja ijasa isqatI maoM hO jaao hmaoM tIsaro sabasao baD,o [spat ko ]%padk ko10 times the world levels in 2017. Dr Basson can identify what it takes vah sarkar ik vajah sao hO.” sqaana sao dUsaro sqaana pr laa saktI hO. ]nako for a nation to progress; thing that can [MiDyaa sTIla ko itsaro saMskrNa kao Saanadar Anausaar hmaaro AiQakaMSa kark hmaaro pxa maoM hO:ACKNOWLEDGING EFFORTS put us from the position of the third saflata imalaI hO¸ ijasa maoM 250 KrIdar tqaa ek baD,I yauvaa AabaadIÊ [nÍasT/@car kI baZ,tIWhile complimenting the Govt.’s efforts largest producer of steel to the second. 7000 sao AiQak AagaMtuk Aayao hO¸ saaqahI 75 doSa ja,$rtÊ [sasao [spat kI maaMga pr tqaa sauyaaogyafor India having created the platform. and According to him most of our factors are sao ÉcaI idKaš gayaI hO. “Acaanak baDI cahlaphla Eama bala pr ja,aor idyaa jaaegaa.reviving the steel sector of the country, in our favour: a large young population, fOlaI hO AaOr hr ek ]saka ihssaa bananaa caahta halaaMik ]naka ek pirp`oxya hO: ]Vaoga kao baaja,arDr A Didar Singh, Secretary General, a growing need for infrastructure that hOM.” ]nhaoMnao kha. ko badlato $K sao saavaQaana haonaa caaihe.isaf-FICCI, said, “The steel industry is what will put an emphasis on the demand for ]%padna maoM inavaoSa krnao ko bajaaya navaacaaraoM maoM BaIit is today because of the Government.” steel and a well-qualified labour force. p`caur maa~a maoM laaBa inavaoSa ikyaa jaanaa caaihe. vaOsao tao Baart iksaIThe 3rd edition of India Steel is a He has a perspective though: industry BaI Ktro ka saamanaa nahIM kr rha hO. ivaSva strstupendous success with over 250 should be wary of the changing market sTIla Aqaa^irTI Aa^f [MiDyaa ilaimaToD ko AQyaxa pr [sanao ek ija,mmaodar dRiYTkaoNa ka ek ]dahrNabuyers, more than 7,000 visitors, and trends. Instead of just investing in pI ko isaMh tqaa if@kI sTIla kimaTI ko AQyaxa inaQaa-irt ikyaa hO.interest from around 75 countries. production, investments must be made nao Apnao ]dGaaTna BaaYaNa maoM Baart kI p`it vaYa- “BaartIya [spat xao~ maoM ipClao iva<aIya vaYa- maoM ek“There is suddenly a new buzz in the in innovations too. However, India isn’t vat-maana [spat ]%padna xamata kao 120 dsalaxa nayaa maaoD, Aayaa. BaartÊ bataOr kma Kpt doSaÊair and everybody wants to be a part of facing any danger. Globally, it has set an Tna sao baZ,akr sana 2030 tk 300 dsalaxa Tna ABaI BaI 300 dsalaxa Tna ko p`xaop pqa pr hO.it,” he noted. example of a responsible attitude. tk lao jaanao ko laxya kI baat khI. “BaartIya hma jaOsaoj­aOsao Aagao baZ, rho hOÊ yah ]cca gauNava<aa “There has been a hockey stick turn [spat ]Vaoga ËaMtI ko rasto pr hO. hma jald vaalao [spat kI samaanaaMtr vaRiw ko saaqa hO.”BENEFITS ABOUND to the Indian steel industry in the hI [spat ko dUsaro sabasao baD,o ]%padk bana jaaeMgao Baart sarkar ko [spat maM~alaya kI saicavaIn his opening address, P K Singh, last financial year. India being a low laoikna hmaoM ApnaI Kpt 61 iklaao ga`ama sao ivaSva Da^ A$Naa Samaa- nao kha.Chairman, Steel Authority of India Ltd consumption country, we still have AaOsat maoM 200 iklaao ga`ama tk baZ,anao kI ja,$rt “hma saBaI yah saMklp kroM ik hma ‘maok [na sTIla& Chairman, FICCI Steel Committee, a trajectory to 300 MT. This is along hO.” ]nhaoMnao Aagao khaÊ “[spat kI Kpt maoM vaRiw fa^r maok [na [inDyaa’ ko laxya kI Aaor ek saaqaspoke of the vision of increasing India’s with the parallel growth of high quality ek trIko sao hao saktI hO Agar ]saka [stmaala imalakr kama kroMgaoM.Aa[-eÊ hma [spat xao~ kaosteel production capacity to 300 MT per steel as we move ahead,” said Dr Aruna [nÍasT/@carÊ iSapibalDIMgaÊ Aa^Taomaaobaa[-laÊ rlavao kaimayaaba banaanao ko ilae tqaa ]sao saulagata huAaannum by 2030 from the present 120 Sharma, IAS, Secretary, Ministry of Steel, jaOsao xao~ao maoM j,yaada maa~a maoM ikyaa jaaya.” rKnao ko ilae ekaga`ta sao tqaa pUro idla sao p`yaasaMT. “Indian steel industry is on a path Government of India. [spat ko k[-M laaBa hOMÊ Aqaa-t yah Ait kroMÊ” ibaroMd` isaMh nao AMt maoM ]%saahpUva-k kha.of revolution. We soon will become the “Let us all pledge ourselves to work iTka}Ê puna:p`yaaojya hO tqaa ]sako ]p]­ %padaoM kasecond largest producer of steel. But together towards the goal of ‘Make in BaI 90 p`itSat puna: ]pyaaoga ikyaa jaa sakta hO.we need to increase our consumption Steel for Make in India.’ Let us makefrom 61 kg to a world average of over concerted and whole-hearted efforts200 kg.” He further added, “One of to ensure that the steel sector thrivesthe ways where the consumption of and maintains vibrancy,” Birender Singhsteel can increase is if its use in sectors concluded spiritedly.such as infrastructure, shipbuilding,

229,533 6.2% 1.1% Plastic Machinery 1,350 10.7% -7.8% Process Plant equipment Dies, Moulds & Press Tools 12,933 120.9% 10.7% Printing Machineryy sub-scale global share: The capital goods sector contributed Metallurgical Machinery 3,322 -2.4% -11.1%15. The growth rate of exports has been ~16.5% per annum over Food Processing machineryrated to ~14.8% per annum in the last 3 years. However, India's Total 6,381 12.2% 4.8%oods is still significantly sub-scale at ~0.8%14 only. 2,593 -4.4% -9.5% 3 5,500 Thursday, A5p.r5i%l 20, 2017 | D5a.4y%2 Goods exports by sub-sector15 (Rs. Cr) 113,254 9.8% -5.2%(P2Eo0x1pli4oc-ry1ts5M) atters 5 yr CAGR 3 yr CAGR India is a net importer across capital goods sub-sectors (%) (%) India Imports & Exports, 2014-15 (Rs. '000 Cr) 281 18.2% 16.0% 34.7% 17.4% 60Making it in India2,466 56.07,385 55.3% 17.8% 35.435,418 14.0% 16.1% 30 11.6% 10.8%with National6807,684 23.3% 14.8% 2,869 -3.8% -0.3% 20 13.9% 9.0%Goods Policy 20161,255 12.9 12.11,103 20.1% 15.5% 10 7.7 7.4 7.8 6.4 1.32,080 15.8% 14.0% 2.5 5.5 5.3 3.3 2.9 2.6 1.4 0.7 2.1 1.1 Plastic 0.3N61,a22t1ional Go16o.5d%s Policy142.80% 16 is a positive step to 0 MTaocohlisne Machineryscale up manufacturing and establish India on the EEqlHueiecptamrvicyeanlt PeroqcueipssmPelannt t EMa&ratMhchmiinnoienvirgnyg MaTechxtinileery MParcinhtininegry pmroaFccoehsoinsdseirnyg &DiePsr,eMssoTuolodlss MMeataclhluinrgeircyalglobal map. Read on to know if it is heading the Source: Data from sub-sector Industry Associations, DGCIS Import Exportway it was supposed to. 16 SSuobu-rscecet:oMr InidnuissttrryyAossfoHcieataiovnys,InDdGuCIsStdraietas & Public Enterprises Department of Heavy IndustryM08 09ONAL CAPITAL GOODS POLICY 20a16nufacturing is a key environment recently. Considering the 15 percent of GVA. NATIOBNUAILLDCINAGPIITNADLIAGwOOFOiTtDOhSMPOORmLRIOCiWYn2i0s1t6ries responsible for user BUILDING INDIA OF TOMORROW primary importance of Capital Goods, contributor to the economic the Union Cabinet has decided to scale Having Capital Goods policy in place will industry to create level playing field up manufacturing and establish India development of any nation, on the global map. To achieve this, one see India growing at a robust pace, given and positive bias in favour of domestic of the important steps taken was theadding jobs as well as increasing self- enactment of the Capital Goods policy. that it upgrades its technology across industry wherever technologies arereliance. The National Manufacturing POLICY IN PLACE various sub-sectors of manufacturing, appropriate. The policy aims mainly at the demandPolicy envisaged manufacturing to creation, technology depth and export increases its pool of skilled workforce and To address the issue of demand creation, promotion. As India increases indigenouscontribute 25 per cent to GDP and create production of manufacturingequipment, promote growth and capacity building of the industry needs to recommend it is expected to play a bigger role in terms100 million jobs. In contrast, till date, of exports. micro, small and medium enterprises. amendments in procurement policy and Currently, India is the third largestmanufacturing activity contributes to 17 economy in terms of purchasing power introduce non-tariff barriers. According parity as per International Monetaryper cent of India's GDP and only 4 million Fund’s World Economic Outlook 2016. BRIDGING TECHNOLOGICAL GAP to IMTMA, there is also a need for a India’s growth in recent times has beenjobs are estimated to have been created fuelled by the services sector, which Touching upon technological aspects purchase preference policy with the contributes around 50 percent of thein the sector since 2010. The gap to stated GrossValueAdded(GVA).Manufacturing, of the Indian manufacturing industry, norm of domestic value addition. on the other hand, contributes to aroundaspiration is large. Indian Machine Tool Manufacturers’ With Make in India as a key growth themeThe Capital Goods sector is a critical Association (IMTMA) observes that for India and Capital Goods industry as aelement to boost manufacturing activity there is a limited presence of hi-end key manufacturing sector, it is critical toby providing critical inputs, that is, and sophisticated manufacturing enhance utilisation of domestic capacitymachinery and equipment. The sector technologies. Furthermore, in case towards meeting domestic demand.also provides direct employment to ~1.4 of indigenous existence of high-end There is a need for a coordinatedmillion people and indirect employment technologies, constant denials have been approach across ministries at an apexto ~7 million people. Moreover, it impacts noticed for indigenous development level to assess domestic market shareusers of capital goods estimated to be 50 of these technologies. Indian users are of Capital Goods sub-sectors andtimes of the direct employment. cautious in accepting new developments systematically drive action.However, the manufacturing industry has by indigenous manufacturers especially Other recommendations that IMTMAbeen going through a sluggish market forhigh-value,high-technologyproducts. puts forward are creation of a uniform To overcome this situation, IMTMA public procurement policy, introduction suggests that the government should of purchase preference policy, providing award risk-sharing development end-user incentives, schemes and contracts to indigenous capital goods mandates. The industry should also manufacturers so as to develop promote the growth of SMEs and create technologies / products for schemes across Capital Goods sub- exclusive usage. sectors such as Technology Upgrade Fund Additionally, there is a need to promote equipment replacement. to bring in ‘technology transfer’ as a key clause in CONCLUSION all high-value capital goods The industry needs to upgrade the imports as well as imports existing testing and certification facilities under concessional and set up new ones and make standards tariffs (including trade mandatory to curb imports of sub- agreements). The standard machines. The new Capital domestic Capital Goods Goods policy has been passed at an industry is currently opportune moment when the industry meeting only 30-50 percent is gathering steam for its next movement. of the existing demand in the The policy which advocates adoption of country. It is fair to target 80 a uniform Goods and Services Tax will percent share by the domestic usher in a predictable tax regime. manufacturing industry. This will India has embarked on a journey to ensure quick demand creation for make the country a manufacturing hub the domestic Capital Goods industry through the Make in India initiative. With for some time. such initiatives and favourable policies in place, India’s manufacturing and INDUSTRIES AND MINISTRIES TO economy reach will reach a new height. WORK TOGETHER Source: Indian Machine Tool Manufacturers' IMTMA also suggests that the Capital Association (IMTMA) Goods industry needs to work closely

4 Thursday, April 20, 2017 | Day 2 “The Indian government’s initiative towards curbing imports from China is remarkable. Another commendable step that the government is taking is encouraging exports.” Atmaram Nagargoje Head Sales & Marketing Accolade Engineering Pvt Ltd Fabrication Technology “Steel is irreplaceable as yet” Atmaram Nagargoje, Head Sales & Marketing, Accolade Engineering Pvt Ltd, speaks about his company’s part in the Indian steel sector and how steel as a material has no threat from the newbies. Read on. Accolade Engineering Pvt Ltd, a Mumbai based company since 1997, leads in the field of equipment for the cement, fertilizer, petroleum, refinery and steel industry. The company is one of the specialists in the field of fabrication technology having an excellent track record in various process industries with equipment installed in India as well as overseas. Some of the sectors that the company serve are: fertilizer plants, petrochemicals, chemical plants, oil refining, offshore platforms, gas fields, power generation, cement and metallurgy. Among the vast areas of activities, the company is also into conveying system for automation of material handling in steel industry. “We emphasise on cost reduction and reliable solutions. One of the important industries that we cater to is material handling,” said Atmaram Nagargoje, Head Sales & Marketing, Accolade Engineering Pvt Ltd. GOVERNMENT’S AID While leading its way through in the sector, support from the government is equally important. While appreciating the government for its initiatives, Nagargoje added, “The Indian government is working towards the growth of the steel industry. Its initiative towards curbing imports from China is remarkable. Another commendable step that the government is taking is encouraging exports.” STEEL’S TO STAY On whether steel has any threat from the emergence of new materials, Nagargoje said, “Until today, steel is not replaceable except some components of auto sector that too by compromising on safety. I firmly believe that new research and development in the steel will head towards replacing plastic. Steel is definitely reliable and in the times to come it will surely beat plastic.”

5 Thursday, April 20, 2017 | Day 2Conference The day two of the three-day India Steel 2017 is slated to bringSchedule together the brightest in the field to brainstorm over issues concerning the industry and ways to resolve them. Here’s the agenda of the sessions to be held:Time DAY II: April 20, 2017 14:00- Session V: Panel Discussion - Enhancing 15:30 Capabilities of Indian Steel: Technology, Innovation and R&D10:00- Session III: Panel Discussion - Make Steel -11:30 Make In India for Reducing Import Moderator: Sunil Barthwal, Joint Secretary, Dependency Ministry of Steel, Government of India 15:30- Moderator: Syedain Abbasi, Joint Secretary, 15:45 Panelists: Ministry of Steel, Government of India • Manish Kumar, Managing Director and Chief Panelists: Executive Officer, National Skill Development • Sunil Mishra, Managing Director, Chhattisgarh State Council • Amit Kumar Jha, Assistant General Mananger, Industrial Development Corporation Ltd Midrex Technologies • Soma Mondal, Director (Commercial), Steel • Mukesh Bhandari, Chairman, Electrotherm (India) Ltd • Jaco Cilliers, Country Director, United Nations Authority of India Ltd Development Programme • Moyukh Bhaduri, Chairman-cum-Managing • A M Parial, Vice Chairman, Chhattisgarh Infotech & Biotech Promotion Society Director, Hindustan Steelworks Construction Ltd • Hiroshi Okuno, Chief Executive Officer, Primetals • Deependra Kashiva, Executive Director, Sponge Iron Technologies India Pvt Ltd • Mark Ferguson, Managing Director, PSI Metals UK Ltd Manufacturers Association • Shivramkrishnan Hariharan, Chief Commercial Opening Remarks • Jyoti Vij, Deputy Secretary General, Federation of Officer, Essar Steel Ltd • Gee Woong Sung, Chairman and Managing Director, Indian Chambers of Commerce & Industry POSCO India Session Take-Aways • Sivasubramanian Natarajan, Managing Director, • a) Subhash Chandra, Joint Secretary, Ministry of ThyssenKrupp Industries India Pvt Ltd Mines, Government of India • Shoji Muneoka, Chairman, Nippon Steel & Sumitomo • b) Syedain Abbasi, Joint Secretary, Ministry of Steel, Metal Corporation Government of India • c) Sunil Barthwal, Joint Secretary, Ministry of Steel,11:45- Session IV: Panel Discussion - Ensuring13:15 Raw Material Security for Indian Steel Government of India Industry States Perspective Moderator: Subhash Chandra, Joint Secretary, • a) R K Sharma, Principal Secretary, Department of Ministry of Mines, Government of India Steel and Mines, Government of Odisha Panelists: • b) Sunil Kumar Barnwal, Secretary, Department of • Dr Gopal Dhawan, Chairman-cum-Managing Industries, Mines & Geology, Government of Jharkhand Director, Mineral Exploration Corporation Ltd • D N Prasad, Advisor, Ministry of Coal, Government Special Address • V K Saraswat, Member, NITI Aayog of India • N K Nanda, Director (Technical), National Mineral Valedictory Address • Vishnu Deo Sai, Hon’ble Minister of State for Steel, Development Corporation • Rajib Bhattacharya, Managing Director, Ferro Scrap Government of India Nigam Ltd Vote of Thanks • Manish Kharbanda, Executive Director, Jindal Steel • Vinay Mathur, Deputy Secretary General, Federation & Power Ltd of Indian Chambers of Commerce & Industry • Sanjay Mehta, President, Metal Recycling Association of India

6 Thursday, April 20, 2017 | Day 2 Strengthening India’s Future A sneak peek into the session: Demand Drivers for Indian Steel Industry This session was moderated by Sunil Barthwal, Joint Secretary, Ministry of Steel, Government of India. During the session, Naresh Kumar, Chairman, New Delhi Municipal Council noted that initiatives like Smart City have opened the doors of opportunities for the steel industry. Taking the same view point forward, Prof Mahesh Tondon, Managing Director,Tondon Consultants Pvt Ltd emphasised on the importance of R&D in the sector. Defense is yet another sector that requires steel. However, the difference lies in the quality of steel rather than quantity, stated Dr Dinesh Kumar Likhi, Chairman & Managing Director, Midhani. Peeyush Gupta, Vice President- Steel Marketing & Sales, Tata Steel; Godfrey John, Director, Welspun Corp underlined how demand of steel can be driven by housing and piping industry respectively. Speaking on the automotive sector, Tarun Agarwal, General Manager, Maruti Suzuki shared that steel is an essential material for the automotive and automobile industry and its role cannot be neglected in the times when automotive sector is projected to grow further.A 14 15 19 20 21 22 23 24 25 26 27 28 29 30 31 31A 32 32A 33 33A72 78 80 82 86 90 91 94A 94B 98 99 102 109 34 79 95A 95B 100A 100B 135A 81 88A 88B 92A 92B 96A 96B 101A 101B 36 85 89A 89B 93B 97A 97B 37 146 142 93A 39150 148 143 138A 138B 134A 134B 130 126 128 118 114 115 40 147 139A 139B 135C 135B 133 116 41 149 140 136 136B 128 A151 151A 127 129

7 Thursday, April 20, 2017 | Day 2Strengthening India’s FutureCreating FavourableInfrastructure, LogisticsSupport and RegulatoryEnvironmentIn order to achieve the vision of 300MT by 2025, the steel industry requires robust support from the government and other sectors in termsof favourable policies and right infrastructure. Highlighting this aspect, atalk was held yesterday on the platform of India Steel 2017 trade fair. Thisdiscussion brought various industry related bodies such as government,railways, steel companies, etc on the common forum to voice out theirexpectations and challenges.

8 Thursday, April 20, 2017 | Day 2 “This is a great platform to seek and address the issues that the steel industry is currently facing. Such forums also help in creating awareness about importance of steel sector in the growth of the country.” B Ganesh Pai Vice President - Corporate Communications Essar Steel India LtdConcurrent Show “India Steel 2017 has gathered different segments of companies related to steel under one roof. Additionally, it is a good idea to have conference sessions pertaining to current challenges and issues that the industry is facing.” Rakesh Pattnaik General Manager Lamiflex Packtech India Pvt LtdBSotaolkl Tyooduary ! “We are participating in India Steel 2017 to promote Vedanta Group & Balco as a provider of one stop solution for all aluminium needs of galvalume coating. We intend to meet prospective customers and educate them about our products and solutions.” Abhijeet Kumar Manager - Value Added Products- Aluminium & Power Vedanta Ltd