An international stainless steel fair will be jointly hosted by the Indian Stainless Development Organisation (ISDO) and Steel Market Info next month. The fair will bring together Indian and foreign industry players to share their business strategies.
Indinox-Stainless Steel Fair 2010 will be held from 16-19 January, in Ahmedabad, with participation from 800 domestic and 50 international exhibitors, according to ISDO vice president Hitesh Bhalaria.
The fair will include 45 exhibition categories, including houseware, raw material, hardware, furniture, equipment for industrial use and allied products.
Bhalaria said India, with an output of 18-20 lakh tonnes of stainless steel per annum, ranked as the 10th largest producer in world. He added that with some import Indian consumption stood at 22 lakh tonnes per annum.
As against a per capita consumption of 9.4 kg internationally, India had a consumption of 1.2 kg, which was the lowest in the world. There was, therefore, tremendous scope for increasing production and consumption of steel in the country, he added.
The fair will be inaugurated by Gujarat chief minister Narendra Modi. Union minister for steel Virbhadra Singh and railway minister, Mamata Banerjee will attend as special guests.