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business abroad. In addition to the total volume of production , India can also make its mark in certain special niche markets where value addition is more. India, with all the above actions, has to aim to be a top steel producer in the world by 2020.Its status can be much higher than what it is today. I continue to hope that indian material scientists shall introduce an Indian alloy to the world.The picture concerning titanium may appear much bleaker. present annual world production is around 0.1million tonnes (USA20 per cent,Russian and CIS countries52 per cent, Japan26 per cent). India is just about 100 tonnes per year, mostly of the milled products based on imported sponge in a country which is tops in titanium ores! Some estimates are that India can target for an annual production of 5000 tonnes. After about a decade of discussions and delays, a new plant to produce 400 tonnes titanium sponge from our own ore is being planned to be set up at Palaykayal in south India. 104 It may cost about Rs.100 crores. There are many potential usres in India for titanium in the private sector as well. We believe this situation concerning titanium has to change. We understand that the Department of atomic energy and DRDO are planning to set up a titanium sponge production plant. Many others may follow suit. These are detailed technological and business decisions which we would like to leave to adventurous and entrepreneurial Indians. But our strengths in titanium can help us in many other business as well. For example, it can make India a preferred production base for several world chemical

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Transcript of C++_9

business abroad. In addition to the total volume of production , India canalso make its mark in certain special niche markets where value addition is more. India, withall the above actions, has to aim to be a top steel producer in the world by 2020.Its status canbe much higher than what it is today. I continue to hope that indian material scientists shallintroduce an Indian alloy to the world.The picture concerning titanium may appear muchbleaker. present annual world production is around 0.1million tonnes (USA20percent,Russian and CIS countries52per cent, Japan26per cent). India is just about 100 tonnesper year, mostly of the milled products based on imported sponge in a country which is topsin titanium ores! Some estimates are that India can target for an annual production of 5000tonnes. After about a decade of discussions and delays, a new plant to produce 400 tonnestitanium sponge from our own ore is being planned to be set up at Palaykayal in south India.104It may cost about Rs.100 crores. There are many potential usres in India for titanium in theprivate sector as well. We believe this situation concerning titanium has to change. Weunderstand that the Department of atomic energy and DRDO are planning to set up atitanium sponge production plant. Many others may follow suit. These are detailedtechnological and business decisions which we would like to leave to adventurous andentrepreneurial Indians. But our strengths in titanium can help us in many other business aswell. For example, it can make India a preferred production base for several world chemicalplants. Imagine the level of new employment such possibilities can bring in! Let us learn tothink big. What is the governments role in this? First of all to provide an enablingenvironment and remove a number of bureaucratic hindrances. Allow new entities to come inwithout applywaitmode. Free the technical agencies to loan their experts on aLongtermbasis to Indian industries. Help industryorientedresearch out with variousdevelopmental funds, which are marginally utilized or used for purchase of equipment.The vision and actionsTo avoid too much of technical discussions, we have only provided glimpses ofpossibilities inbusiness abroad. In addition to the total volume of production , India canalso make its mark in certain special niche markets where value addition is more. India, withall the above actions, has to aim to be a top steel producer in the world by 2020.Its status canbe much higher than what it is today. I continue to hope that indian material scientists shallintroduce an Indian alloy to the world.The picture concerning titanium may appear muchbleaker. present annual world production is around 0.1million tonnes (USA20percent,Russian and CIS countries52per cent, Japan26per cent). India is just about 100 tonnesper year, mostly of the milled products based on imported sponge in a country which is topsin titanium ores! Some estimates are that India can target for an annual production of 5000tonnes. After about a decade of discussions and delays, a new plant to produce 400 tonnestitanium sponge from our own ore is being planned to be set up at Palaykayal in south India.104It may cost about Rs.100 crores. There are many potential usres in India for titanium in theprivate sector as well. We believe this situation concerning titanium has to change. Weunderstand that the Department of atomic energy and DRDO are planning to set up atitanium sponge production plant. Many others may follow suit. These are detailedtechnological and business decisions which we would like to leave to adventurous andentrepreneurial Indians. But our strengths in titanium can help us in many other business aswell. For example, it can make India a preferred production base for several world chemicalplants. Imagine the level of new employment such possibilities can bring in! Let us learn tothink big. What is the governments role in this? First of all to provide an enablingenvironment and remove a number of bureaucratic hindrances. Allow new entities to come inwithout applywaitmode. Free the technical agencies to loan their experts on aLongtermbasis to Indian industries. Help industryorientedresearch out with variousdevelopmental funds, which are marginally utilized or used for purchase of equipment.The vision and actionsTo avoid too much of technical discussions, we have only provided glimpses ofpossibilities inbusiness abroad. In addition to the total volume of production , India canalso make its mark in certain special niche markets where value addition is more. India, withall the above actions, has to aim to be a top steel producer in the world by 2020.Its status canbe much higher than what it is today. I continue to hope that indian material scientists shallintroduce an Indian alloy to the world.The picture concerning titanium may appear muchbleaker. present annual world production is around 0.1million tonnes (USA20percent,Russian and CIS countries52per cent, Japan26per cent). India is just about 100 tonnesper year, mostly of the milled products based on imported sponge in a country which is topsin titanium ores! Some estimates are that India can target for an annual production of 5000tonnes. After about a decade of discussions and delays, a new plant to produce 400 tonnestitanium sponge from our own ore is being planned to be set up at Palaykayal in south India.104It may cost about Rs.100 crores. There are many potential usres in India for titanium in theprivate sector as well. We believe this situation concerning titanium has to change. Weunderstand that the Department of atomic energy and DRDO are planning to set up atitanium sponge production plant. Many others may follow suit. These are detailedtechnological and business decisions which we would like to leave to adventurous andentrepreneurial Indians. But our strengths in titanium can help us in many other business aswell. For example, it can make India a preferred production base for several world chemicalplants. Imagine the level of new employment such possibilities can bring in! Let us learn tothink big. What is the governments role in this? First of all to provide an enablingenvironment and remove a number of bureaucratic hindrances. Allow new entities to come inwithout applywaitmode. Free the technical agencies to loan their experts on aLongtermbasis to Indian industries. Help industryorientedresearch out with variousdevelopmental funds, which are marginally utilized or used for purchase of equipment.The vision and actionsTo avoid too much of technical discussions, we have only provided glimpses ofpossibilities inbusiness abroad. In addition to the total volume of production , India canalso make its mark in certain special niche markets where value addition is more. India, withall the above actions, has to aim to be a top steel producer in the world by 2020.Its status canbe much higher than what it is today. I continue to hope that indian material scientists shallintroduce an Indian alloy to the world.The picture concerning titanium may appear muchbleaker. present annual world production is around 0.1million tonnes (USA20percent,Russian and CIS countries52per cent, Japan26per cent). India is just about 100 tonnesper year, mostly of the milled products based on imported sponge in a country which is topsin titanium ores! Some estimates are that India can target for an annual production of 5000tonnes. After about a decade of discussions and delays, a new plant to produce 400 tonnestitanium sponge from our own ore is being planned to be set up at Palaykayal in south India.104It may cost about Rs.100 crores. There are many potential usres in India for titanium in theprivate sector as well. We believe this situation concerning titanium has to change. Weunderstand that the Department of atomic energy and DRDO are planning to set up atitanium sponge production plant. Many others may follow suit. These are detailedtechnological and business decisions which we would like to leave to adventurous andentrepreneurial Indians. But our strengths in titanium can help us in many other business aswell. For example, it can make India a preferred production base for several world chemicalplants. Imagine the level of new employment such possibilities can bring in! Let us learn tothink big. What is the governments role in this? First of all to provide an enablingenvironment and remove a number of bureaucratic hindrances. Allow new entities to come inwithout applywaitmode. Free the technical agencies to loan their experts on aLongtermbasis to Indian industries. Help industryorientedresearch out with variousdevelopmental funds, which are marginally utilized or used for purchase of equipment.The vision and actionsTo avoid too much of technical discussions, we have only provided glimpses ofpossibilities in