·
Joint
review meeting: A
meeting was held under the chairmanship of H. D. Kumaraswamy, Minister of Steel & Heavy
Industries, and Sarbananda
Sonowal,
Minister of Ports, Shipping and Waterways, to review the use of steel recovered from ship recycling.
·
Stakeholder
participation:
Representatives from Department
of Science and Technology (DST), Bureau of Indian Standards (BIS), Gujarat
Maritime Board (GMB) and Ship Recycling Industries Association
(SRIA)
participated.
·
Regulatory
framework: The
meeting examined the existing regulatory framework governing the use of secondary steel obtained through ship
recycling.
·
Wider
applications:
Discussions focused on expanding the use of recycled ship steel into additional sectors, with the objective of generating greater
value from ship recycling.
·
Ship
recycling hub: The
initiative seeks to reinforce India’s
position as a leading global ship-recycling hub.
·
Circular
economy:
Greater utilisation of recycled steel is intended to promote circular economy practices, improve resource efficiency and support
sustainable industrial activity.
·
Domestic
steel industry: The
initiative also aims to support domestic
steel manufacturing by
increasing the productive use of secondary steel.
·
Sustainability: The Government reiterated its objective
of ensuring that India’s ship-recycling industry continues to meet global benchmarks in sustainability and
efficiency.
Effect: Wider acceptance and application of
recycled ship steel could increase the value
recovery from end-of-life vessels,
reduce material wastage and strengthen the integration of ship recycling with
India’s domestic steel ecosystem.
A
joint meeting was held under the chairmanship of H D Kumaraswamy, Minister of
Steel & Heavy Industries and Sarbananda Sonowal, Minister of Ports,
Shipping and Waterways to discuss and review the usage of steel obtained from
recycling of ships.
The
meeting was attended by key stakeholders, including the Department of Science
and Technology (DST), Bureau of Indian Standards (BIS), Gujarat Maritime Board
(GMB), and the Ship Recycling Industries Association (SRIA), to examine the
existing regulatory framework and explore avenues for usage of secondary steel
obtained from ship recycling.
The
discussions were held focusing on expanding the application of recycled ship
steel to additional sectors, with a view to enhancing value generation from
ship recycling and reinforcing India’s position as the world’s leading ship
recycling hub.
The
meeting underscored Government’s commitment to promote circular economy
practices, supporting domestic steel manufacturing, and ensuring that India’s
ship recycling industry continues to set global benchmarks in sustainability
and efficiency.