India, April 24 -- The Government of India issued the following news release:

Addressing a gathering electronically at the India Steel 2025, PM Modi said that he hoped the event would prove to be a new launch pad for sharing new ideas, forge partnerships and boost innovation. "This event will become the foundation of a new chapter in the steel industry.

"The role of steel in all developed economies has been like a skeleton. Be it sky-scarpers, highways, high speed trains, smart cities, industrial corridors...every success story is backed by the strength of steel," PM Modi said. He said that the country was taking steps to become a USD 5 trillion economy. "The steel industry will play a crucial role in achieving this target. We are proud t...