New Delhi, January 7, 2025: The Ministry of Steel organized a landmark program titled “Artificial Intelligence and Machine Learning in the Steel Industry” to explore the transformative potential of AI in modernizing the domestic steel industry. Held in New Delhi, the event showcased how cutting-edge technologies are enhancing operational efficiency, sustainability, and global competitiveness across the steel value chain.
Highlights of the Event
1. Focus on Transformative Technologies
The program aimed to integrate Artificial Intelligence (AI) into steelmaking processes, emphasizing its role in improving efficiency and fostering innovation. The event set a benchmark by addressing how AI can redefine operational strategies and drive sustainable growth.
2. Keynote Insights
Shri Hasmukh Ranjan, Senior Vice President and Chief Information Officer at AMD, delivered a compelling presentation on the revolutionary potential of AI in the steel industry. He stated, “AI is at the core of our innovation journey, driving transformative solutions that enhance operational efficiency and deliver impactful results.”
3. Vision from the Steel Ministry
Shri Sandeep Poundrik, Secretary, Ministry of Steel, underscored the immediate relevance of AI, saying, “Artificial Intelligence is not a distant futuristic concept, but a present reality that is redefining the very foundation of steel production.”
4. Industry Presentations
Key industry players like Steel Authority of India Limited (SAIL), NMDC, and MSTC showcased the current and potential applications of AI. Their presentations highlighted:
Modernization of steel production processes.
Enhanced efficiency in mining operations.
Streamlined procurement through AI-driven solutions.
The speakers emphasized how AI is not only optimizing operations but also contributing to sustainable practices within the industry.
5. Collaboration Between Experts and Policymakers
The event facilitated meaningful interactions among industry leaders, AI experts, and policymakers. These exchanges provided insights into emerging technologies and strategies to integrate AI into the steel sector effectively.
Commitment to a Smarter Future
The program demonstrated the Ministry of Steel’s dedication to fostering technological advancements and building a resilient steel industry. It reinforced the government’s support for initiatives that promote sustainability, innovation, and global competitiveness in the sector.
By embracing AI and Machine Learning, the steel industry is poised to achieve new heights, aligning with India’s vision of technological leadership and sustainable development.
