Mr. Brij Bhushan Agarwal, Vice Chairman and Managing Director, Shyam Metalics,
As Budget 2025 plans revolve around national growth and getting new opportunities, it brings new initiatives like The National Manufacturing Mission while greatly focusing on the Public-Private Partnerships (PPP). Similarly, it aims to strengthen the manufacturing section of India, thus improving policies with the help of governance systems, making sure ‘Make in India’ remains a priority. Public-Private Partnership on the other hand aims to use the expertise and spending of the private sector in society’s benefit by quickening the construction of major projects like roads, bridges and urban development areas.
This plan will not only attract investment and increase the demand for steel which plays an imperative role in infrastructure development, but will also increase the industrial activity in the region. In order to attain the set future vision, The Steel sector needs to evolve towards safer and more advanced methods of production. Increased infrastructure will directly allow the steel sector to increase its production output. These changes will enhance the economy of India, along with making the country more competitive on an international scale