Building A Strong India: India’s Steel Industry Paving the Path for Sustainable Growth
Sustainability will weigh heavily on the minds of future generations when they decide how they want to commute from one place to another. Now we fully understand the grave implications that increasing vehicles on the road have on our environment, and we are striving to become more knowledgeable about our impact so that future manufacturing choices lead to a smaller carbon footprint on Earth. In this regard, there has been an unprecedented popularity and support for metros as a prime mode of transportation for mass regular transit in tier-1 cities of India.
After its success in Delhi, the government has taken up the expansion of metro in Mumbai, Bangalore and Kolkata followed by Tier-2 cities in all seriousness. JSW Steel has been at the forefront in supplying cutting edge steel equipment to strengthen India's inspiring story of sustainable mass transit system. It has the experience and the expertise, led by a rich array of professionals in design, execution, procurement, quality control and sales.
JSW Steel has been supplying its Neosteel TMT Rebars to Metro Rail projects across India since inception of the Metro Rail projects. It has already supplied more than 85,000 metric tonnes of JSW Neosteel TMT rebars towards the construction of metro projects in various Indian cities in the last fiscal year. The company is currently supplying to metro rail projects in Mumbai, Bangalore, Chennai, Kolkata, Pune, Nagpur, Indore, Bhopal, Lucknow, and Ahmedabad.
The Metro Rail projects in these cities are expected to cumulatively add more than over 760 kilometres urban rail transit lines to India’s fast expanding metro network. Metro construction activities are being undertaken in a big way in India including expansion of existing metro networks. JSW Steel is focussing on playing a significant role in this story. The steel leader is now aiming to scale up its supply to metro rail projects to about 1,50,000 metric tonnes as compared to its supplies averaging 100,000 metric tonnes per year over the last few years.
The respective state governments have cumulatively earmarked more than $50 billion to construct the current phase of over 760km Metro lines in these cities. These rail-based ‘Mass Rapid Transit Systems’ have been widely accepted as a solution for most of the traffic and environmental pollution related problems which major cities throughout the world are now facing. Metro construction activities are being undertaken in a big way in India including expansion of existing metro networks. Rapid economic and infrastructural development has seen a substantial increase in demand for steel in India and JSW Steel is focussing on playing a significant role in this story.
