TFP Bureau, New Delhi, February 5, 2025: India and Japan reaffirmed their commitment to deepening bilateral cooperation in the steel sector at the 3rd India-Japan Steel Dialogue, held on February 4 at Vigyan Bhavan, New Delhi. The meeting was jointly organized by the Ministry of Steel, India, and Japan’s Ministry of Economy, Trade and Industry (METI).
The dialogue was co-chaired by Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel, Government of India, and Hideyuki Urata, Deputy Director General, METI, Japan. Delegations from both countries discussed economic developments, steel industry trends, and trade relations, while also addressing global challenges such as the European Union’s Carbon Border Adjustment Mechanism (EU CBAM).
The Indian delegation highlighted key policy initiatives, including efforts to promote ease of doing business, increased infrastructure-driven steel demand, and sustainable practices such as the release of the Green Steel Report. India also invited Japanese investments in advanced steel technologies, emphasizing the country’s demographic and economic advantages.
Japan shared insights into its steel sector advancements, ongoing capacity-building programs, and areas of potential collaboration. Both nations reviewed the progress of technology-sharing initiatives and skill development programs, reaffirming their commitment to strengthening strategic ties in the steel industry.
The India-Japan Steel Dialogue, established under the Memorandum of Cooperation (MoC) signed in December 2020, serves as a key platform for fostering innovation, sustainable growth, and resilience in the sector. The latest meeting reinforced the shared vision of both countries in enhancing steel production, diversifying products, and improving workplace safety, ensuring continued collaboration in the years ahead.
