Author: Paul Ploumis
12 Jun 2014 Last updated at 05:14:03 GMT
NEW DELHI (Scrap Monster): Adequate supply of skilled man power could create a big challenge in the steel industry. It is reported that it would need more than 2.85 lakh of skilled labor to treble the annual capacity of the steel industries to 300 million tonnes within 10 years.

It is estimated by the local steel industry in India, that around 2.85 lakh workforces would be needed to increase the production capacity from 100 million tonnes at present, while considering 700 tonnes of crude steel production per person, annually.

An official from a private steel company said that there were a number of challenges to be overcome to attain treble to the present annual capacity per annum. He added that adequate number of man power was the big problem apart from funds and infrastructures.

At present Indian steel industry employs around two lakh people. In this SAIL itself employees about 97,000 people. About 15 percent of the total workforces in the steel industries are engineers and the local steel firm estimated that there would be another requirement of about 43,000 engineers in the field by 2024-2025.

SAIL Chairman C S Verma said, "Taking into account the requirement for research and development other supporting activities, there would be an additional requirement of around 15,000 metallurgists for the steel industry itself in next decade."