Introduction:
During the 77th annual technical meeting of the Indian Institute of Metals, Odisha Chief Secretary P. K. Jena made an announcement regarding an important milestone in the economic landscape of the state, that Odisha’s mining industry brings in Rs. 50,000 Crore in 2021-22.
Odisha’s revenue has increased from Rs 4,900 crore in 2016-17 to an astonishing Rs 50,000 crore in the fiscal year 2021-22, thanks in large part to the mining sector, which is a significant contributor.
Extremely High Revenue Increase
Jena underscored the significance of the mining industry‘s transformational path, drawing attention to the amazing tenfold rise in revenue that has occurred over the course of the past five years.
Odisha’s financial fortunes have been significantly reshaped as a result of the sector’s vital role, as seen by the jump from Rs 4,900 crore to Rs 50,000 crore.
Dedicated Service to the Metal Industry
In light of the fact that Jena acknowledged the strategic significance of metals and metallurgical infrastructure, she guaranteed that the industry will continue to get support.
At the same time, he signaled a proactive approach to the development of the industry by expressing the state’s commitment to fostering technological developments and engagement with research institutions.
Vision that is Sustainable
Jena provided an overview of Odisha’s acknowledgment of the necessity for the metal industry to develop in a manner that is environmentally responsible.
In addition to highlighting the significance of green metal, environmentally responsible mining techniques, high-efficiency processes, and waste recycling, he emphasized the state’s dedication to reducing the negative effects that its operations have on the environment.
Transitions within the Industry
A “metamorphosis” in the metal industry is something that Satish Pai, the President of the Indian Institute of Metals, has advocated for. This is in response to the changing requirements of the industry.
The theme of the conference, which is “Sustainable Transformations in Metal Industries,” is intended to serve as a rallying cry for ecologically responsible practices within the industry.
The Overview of the Three-Day Conference
As of the 22nd of November, the event that is currently taking place over the course of three days has sixty distinguished national and international speakers who will be addressing various sessions.
One of the purposes of the conference is to facilitate the flow of information, and it has almost 700 presentations of technical papers.
During the event, there are around 1,300 people who are actively engaged in the activities. These participants include government officials, PSUs, corporate leaders, and research institutes.
Highlights from the Award Ceremony
There were five different categories that were honored for excellence during the awards ceremony, which was attended by Faggan Singh Kulaste, the Union Minister of State for Steel and Rural Development.
Lifetime Achievement, National Metallurgist, Research and Development in the Iron and Steel Sector, Young Metallurgist in Metal Science, and Young Metallurgist in Environmental Science were some of the awards that were presented.
An Address to Be Delivered by a Dignitary
On November 24, Ajit Kumar Mohanty, who is both the Chairman of the Atomic Energy Commission and the Secretary of the Department of Atomic Energy, is slated to deliver a speech at the gathering. He will provide additional insights on the future trajectory of the sector.
