**Executive Summary**
The document details Union Minister H.D. Kumaraswamy’s address at the "Chintan Shivir 2026" held on June 24, 2026, focusing on the digital transformation of India's steel industry. It emphasizes that digitalization is a survival strategy essential for achieving national capacity targets of 300 million tonnes by 2030 and 400 million tonnes by 2035. The event served as a platform for industry leaders and startups to chart a path toward intelligent manufacturing and global competitiveness in alignment with the "Viksit Bharat 2047" vision.
**Key Points / Main Content**
**Strategic Growth and Capacity Targets**
* India has maintained its position as the world’s second-largest steel producer since 2018.
* Crude steel production has seen an average annual expansion of nearly 8% since FY 2021-22, while finished steel consumption has grown by approximately 13% annually.
* The government has set long-term production capacity targets of 300 million tonnes by 2030 and 400 million tonnes by 2035.
**Digitalization and Intelligent Manufacturing**
* The sector must transition from simple capacity expansion to "intelligent manufacturing" using data-driven ecosystems.
* Critical emerging technologies for adoption include Artificial Intelligence (AI), Machine Learning, Industrial Internet of Things (IIoT), Digital Twins, Robotics, and Advanced Data Analytics.
* Digitalization is framed as a "foundational cornerstone" for the industry's long-term survival and global competitiveness.
**Operational and Safety Improvements**
* Automation and digital tools are expected to optimize energy consumption and significantly reduce operational costs.
* Predictive maintenance systems will be used to identify equipment failures before they occur, minimizing unplanned downtime.
* Technological interventions aim to reduce human errors and enhance overall workplace safety.
**Thematic Focus Areas**
* The "Chintan Shivir 2026" featured specialized sessions on AI-led mining solutions, Industry 4.0 applications, and the digital transformation of steel plants.
* The conclave emphasized the role of the steel sector in powering infrastructure, renewable energy, defence production, and urbanization.
**Impact Analysis**
**Major Steel Public Sector Undertakings (SAIL, NMDC, MOIL)**
**Impact**
These entities are central to the government's capacity expansion goals and are expected to lead the transition toward digitalized manufacturing.
**Action Required**
Chairmen and Managing Directors must integrate AI, IoT, and digital twin technologies into their existing operations to meet production targets and improve efficiency.
**Private Industry Leaders and Steel Manufacturers**
**Impact**
The industry faces the dual challenge of increasing capacity while addressing raw material security, decarbonization, and export competitiveness.
**Action Required**
Manufacturers must move beyond traditional methods to embrace "Smart Factories" and invest in intelligent, connected manufacturing ecosystems.
**Startups and Technology Experts**
**Impact**
The shift toward Industry 4.0 creates significant opportunities for startups to provide innovative solutions in mining and data analytics.
**Action Required**
Collaborate with ministry officials and industry stakeholders to showcase measurable business impacts and accelerate the sector's technological transition.
**Ministry of Steel and Government Officials**
**Impact**
The Ministry acts as the facilitator for the "Viksit Bharat 2047" vision, ensuring the steel sector remains a strategic pillar of economic transformation.
**Action Required**
Continue overseeing the roadmap for digital transformation and facilitate thematic deliberations between startups and established industry players.
Key Entities Referenced
Chintan Shivir 2026: A strategic conclave organized to chart the digital transformation path, including the adoption of AI and smart manufacturing, for India's steel industry.
Ministry of Steel: The primary government body overseeing the steel sector's growth and its transition toward a digitally transformed manufacturing ecosystem.
Viksit Bharat 2047: The national vision to transform India into a developed nation by 2047, identifying the steel sector as a strategic pillar for economic and infrastructure growth.
Industry 4.0: The framework of advanced technologies, including AI, IoT, and robotics, being integrated into steel manufacturing to improve productivity and global competitiveness.
PM Gati Shakti: A national initiative for multi-modal connectivity and infrastructure, integrated into the steel sector's digital strategy to enhance logistics and operational efficiency.
Ministry of Steel
PM Modi's Viksit Bharat Vision to Be Powered by
a Digitally Transformed Steel Sector: H.D.
Kumaraswamy
Digitalization No Longer a Choice, But Steel Sector's Survival
Strategy: H.D. Kumaraswamy
Steel Sector Must Move Beyond Capacity Expansion to
Intelligent Manufacturing: H.D. Kumaraswamy
"India's Steel Future Will Be Shaped by Data, AI and Smart
Factories": H.D. Kumaraswamy
Chintan Shivir 2026 Charts Digital Transformation Path for
India's Steel Industry
प्रव तथ: 24 JUN 2026 1:32PM by PIB Delhi
Union Minister for Steel and Heavy Industries H.D. Kumaraswamy on Wednesday asserted that
digitalisation is no longer an option but the "foundational cornerstone of long-term survival" for India's
steel industry, underscoring the need for the sector to embrace emerging technologies to remain globally
competitive.
Addressing the Chintan Shivir 2026 on Digitalisation in the Steel Sector at Vigyan Bhawan in New Delhi,
Union Minister H.D. Kumaraswamy said the future of the steel industry would not be determined merely
by production capacities, but by its ability to build intelligent, connected and data-driven manufacturing
ecosystems. Invoking Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047, H.D.
Kumaraswamy described the steel sector as a strategic pillar of India's economic transformation, powering
infrastructure creation, manufacturing, renewable energy, urbanisation, transportation and defence
production."Steel is the backbone of nation-building," he said, noting that India has consistently retained its position
as the world's second-largest steel producer since 2018, even as steel demand remains subdued in several
advanced economies. Highlighting the sector's robust growth trajectory, the Minister pointed out that
crude steel production has expanded at an average annual rate of nearly 8 percent since FY 2021-22, while
finished steel consumption has grown by approximately 13 percent annually, reflecting strong domestic
demand and rapid industrialisation.
Kumaraswamy reiterated the government's long-term vision of increasing India's steelmaking capacity to
300 million tonnes by 2030 and 400 million tonnes by 2035. However, he cautioned that achieving these
targets would require the industry to simultaneously address challenges related to raw material security,
operational efficiency, decarbonisation, modernisation and export competitiveness. Emphasising the
transformative potential of technology, the Minister said Artificial Intelligence, Machine Learning,
Industrial Internet of Things, Digital Twins, Robotics and Advanced Data Analytics are redefining steel
manufacturing globally and must be adopted extensively in India.He observed that digitalisation and automation can significantly improve productivity, optimise energy
consumption, reduce operational costs and enable predictive maintenance systems capable of identifying
equipment failures before they occur. Such interventions, he said, would help minimise unplanned
downtime, reduce human errors and enhance workplace safety.
The Chintan Shivir featured thematic sessions on AI-led mining solutions, digital transformation of steel
plants, PM Gati Shakti, Industry 4.0 applications and case studies showcasing measurable business
impacts. Leading startups and industry stakeholders also participated in discussions aimed at accelerating
the sector's technological transition. Expressing confidence in the deliberations, Kumaraswamy said the
insights emerging from the forum would contribute towards building a smarter, greener, more efficient and
globally competitive steel industry aligned with the Prime Minister's vision of Atmanirbhar Bharat and
Viksit Bharat 2047.Held under the Ministry of Steel, the conclave brought together senior officials of the Ministry, along with
Chairmen and Managing Directors of major steel public sector undertakings, including SAIL, NMDC and
MOIL, besides industry leaders, startups and technology experts.
***
AG
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