26-February-2025
As India pursues its ambition of becoming a $5 trillion economy, the efficiency and competitiveness of its steel industry and its long-winding supply chain will be increasingly tested. Global economic shifts, geopolitical uncertainties, and the push for sustainability are reshaping the steel landscape. The Indian Supply Chain Professionals Summit 2025: Infra & Construction - Price Trends and Future Outlook will provide a platform to explore the evolving steel industry dynamics while focusing on strategies to build resilient, efficient, and sustainable supply chains.
Global Perspective: Challenges and Strategic Choices
Global uncertainties, geopolitical tensions and inflationary pressures, are disrupting supply chains. Yet, India remains a bright spot with projected GDP growth of 6.8% for FY'25, as per World Bank. As a key player in the global steel market, India faces strategic choices to navigate these challenges and strengthen its supply chain.
Steel Supply Dynamics: Insights from China and Beyond
China's dominance in steel production and supply impacts global dynamics. However, India's focus on self-reliance, driven by government initiatives like the PLI scheme and National Steel Policy, positions it as a formidable player. By 2030, India is likely to produce 210 million tonnes of crude steel, up from 144 million tonnes in FY'24 - a 47% growth.
Infrastructure and Demand Dynamics
The infrastructure and construction sectors are driving India's steel demand, expected to account for 60% of total consumption by 2030. Long steel products, essential for these industries, are projected to grow by 50%. Initiatives like Bharatmala and Sagarmala are fuelling this demand, ensuring robust supply chains to meet rising needs.
Transforming Logistics and Supply Chain Operations
Efficient logistics are the backbone of a thriving supply chain. Innovations in inventory management, service centres, and e-commerce are revolutionising operations, reducing costs, and enhancing efficiency. Leveraging these advancements will be critical to meeting India's growing industrial demands.
Addressing Pricing Volatility and Indexing Challenges
Price volatility in raw materials, coupled with fluctuating global market trends, poses significant risks. Effective pricing strategies, forecasting models, and robust indexing mechanisms are essential to mitigate these challenges. The summit will delve into navigating market volatility and negotiating effective strategies.
A Sustainable Steel Industry: Green Steel Policy
Sustainability is no longer optional. The Green Steel Policy is set to transform the industry by promoting low-carbon technologies like Electric Arc Furnaces and increased scrap utilisation. By 2030, a lot of steel in India is expected to come from sustainable methods, aligning with global ESG standards.
Join the Indian Supply Chain Professionals Summit 2025: Infra & Construction - Price Trends and Future Outlook
The Indian Supply Chain Professionals Summit 2025 will bring together industry leaders, policymakers, and innovators to address these critical issues. Sessions will include insights into global and Indian supply dynamics, innovative construction solutions, and effective supply chain strategies.
17-18 April 2025 | Le Meridien, New Delhi
Don't miss this opportunity to shape the future of India's steel and infrastructure sectors. Register now to be part of the conversation driving India's industrial growth.
