Japan has reaffirmed its commitment to supporting India in advancing steel technologies and strengthening bilateral cooperation in the sector. These talks happened at the 3rd India-Japan Steel Dialogue at Vigyan Bhavan in New Delhi. This is from a note by India’s Ministry of Steel.
India promised Japan a good business place. They want more Japanese money in the steel field. Both sides want to work more on tech, skill growth, and new ways to improve steel production.
Pushing steel growth and skills
The talks looked at what is being done now to build skills and what could be done in the future with tech. Both sides said they wanted to grow their ties and find new ways to work together in steelmaking and trade.
India pointed out its push for research and growth in steel. They have a young workforce and a growing industry. These things make India a great spot for Japanese firms looking for long-term growth.
Boosting India-Japan steel ties
The India-Japan Steel Dialogue is an important link to grow work in areas like better steel making, new products, and safe workplaces. This link comes from a deal made on 22 December 2020 that shows their shared wish for green and smart growth in steel.
During the talks, leaders from both lands shared views on money trends, steel markets, and trade links between India and Japan. They looked at how global rules, like the EU’s Carbon Border Adjustment Mechanism, could change steel trade across the world.
Govt moves and industry growth
The Indian group shared steps the government is taking to make it easier to do business, push for more steel demand, and support green goals in the industry. Big steps like the Green Steel Report and the Taxonomy of Green Steel were mentioned as part of India’s work to promote eco-friendly steelmaking.
At the same time, Japan shared news about what is new in its steel industry, its economic views, and ongoing skill-building projects. Both sides want to keep growing their ties and solve issues in the steel field together.
The talks were led by Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel from India, and Hideyuki Urata, Deputy Director General from METI in Japan, who headed their team in these key talks.
