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India's Steel Sector Needs Skilled Hands for Growth
21 Nov
Summary
- India's stainless steel sector is poised for 9% annual growth.
- A skilled workforce is identified as critical for this expansion.
- Jindal Stainless aims to train 5 lakh MSME fabricators soon.
The Indian stainless steel sector is on the cusp of substantial growth, anticipating a steady 9% annual increase in demand over the next five years. This projected expansion is driven by robust demand from various key industries. To capitalize on this opportunity, a critical need for a skilled and well-trained workforce has been highlighted by industry leaders.
Jindal Stainless, a leading player in the market, has committed to an ambitious training initiative. The company aims to upskill approximately 5 lakh MSME fabricators in the coming years, ensuring they possess the necessary expertise to handle advancements and evolving industry requirements. This proactive approach is aligned with national initiatives like Skill India.
Through programs like its Stainless Academy, Jindal Stainless has already provided specialized training to over 60,000 fabricators and engineering students. This effort is crucial for building a future-ready workforce capable of leading India's global industrial growth in the stainless steel domain.
