AI Crucial for India's Steel Ambition: Doubling Capacity in a Decade

• Steel Secretary Sandeep Poundrik states AI adoption is key to doubling India's steel capacity within a decade.
• India aims to become a global steel hub, planning $200 billion investment over ten years for capacity expansion.
• India is unique in adding steel capacity, with domestic demand growing over 50% in the last five years.
• AI is vital for improving efficiency, safety, and sustainability in the steel sector.
• Failing to adopt AI could lead to competitive disadvantage, while AI can enhance ESG, safety, and optimize operations.