Major steel producers such as Steel Authority of India (SAIL), Tata Steel, Rashtriya Ispat Nigam (RINL), JSW Steel, JSPL, Essar Steel, among others, are likely to add about 30 million tonne per annum new capacity by March, 2013, Parliament has been informed.
Out of this, major contribution will come from state-run SAIL, which will add about 8.14 million tonne capacity by the end of 2012-13, Steel Minister Beni Prasad Verma said in a written reply to Lok Sabha yesterday.
Verma added that among the other major producers, JSW Steel's capacity will increase by 4.6 million tonne, which includes 1.2 million tonne new capacity of Ispat Industries, acquired by the company in December last year.
Similarly, another state-run firm RINL would add about 3.4 million tonne capacity in next one and half years, he said.
Besides this, Ruias' firm Essar Steel is expected to add 4.9 million tonne capacity by 2012-13, while Tata Steel's total production capacity would increase by 3.2 million tonne, the minister further said.
Verma added that industrialist Naveen Jindal's company Jindal Steel and Power (JSPL) will increase its capacity by 2.6 million tonne during the period, while another major company Bhushan Steel will expand its production capacity by 3 million tonne.
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Replying to a separate question, he said that per capita consumption of the country has increased by about 8% at 55 kg per person in 2010-11, compared to the consumption of 51 kg per person in 2009-10.
Talking about the iron ore exports, Verma said, in this reply to another question, that in 2010-11, total iron ore exports of the country registered a decline of 17.26% at 97.11 million tonne.