A significant and insightful event related to the steel industry was organized on 14th November, beginning with a structured morning session at the Amba Shakti Group’s factory plant in Sikandrabad, Uttar Pradesh. The event aimed to highlight the evolving dynamics of the steel sector, with a special focus on sustainability, technological advancement, and the future roadmap of the industry.
The entire program was led by the Managing Directors of Amba Shakti Group, Mr. Dhruva Goel and Mr. Akshat Goel, who welcomed all attendees and guided the flow of discussions throughout the event. Their leadership set the tone for a knowledge-rich and forward-looking industry interaction.
Key Insights from Amba Shakti Group Leadership
President of Amba Shakti Group, Mr. Milind Mangolkar, delivered a comprehensive presentation outlining the group’s overall manufacturing strength.
He spoke in detail about the company’s current production capacity, the modern machinery installed at their plants, and the future growth prospects that the group is confidently moving towards. His session highlighted the robust infrastructure and operational efficiency that make Amba Shakti a leading name in the steel sector.
Following this, Managing Director, Mr. Akshat Goel, focused on the group’s commitment to innovation and sustainability.
He explained how Amba Shakti is utilizing advanced technological systems, automation, and upgraded industrial processes to manufacture high-quality steel.
He also emphasized the group’s growing investment in producing eco-friendly, green steel, reflecting a shift towards more sustainable manufacturing practices that align with global environmental standards.
Adding to this, Managing Director, Mr. Dhruva Goel, shed light on the group’s strong marketing strategies.
He discussed how Amba Shakti is expanding its brand presence, strengthening customer relations, and adopting new approaches to remain competitive in the fast-evolving steel market.
He elaborated on the company’s efforts in delivering value-based services and how these strategies enable Amba Shakti to offer tough competition to other major steel manufacturers in the industry.
Presence of Industry Leaders and Dignitaries
The event was further enriched by the presence of several prominent personalities from the steel and industrial sectors. Among the key attendees were:
- Shri Kamal Goel – Chairman, Amba Shakti Group
- Shri Yogesh Mandhani – President, AIIFA Sustainable Steel Manufacturers Association
- Shri Kamal Aggarwal – Secretary General, AIIFA
- Mr. Mohit Kapoor – Advisor to AIIFA
- Shri Paramjeet Singh – Director, NISSC
- Shri Sandeep Poundrik – Secretary, Ministry of Steel
Their presence added immense value to the discussions and highlighted the importance of the event at a national industry level.
Focus on Sustainable and Green Steel Production
All the dignitaries shared their perspectives with the media on the future of sustainable and green steel production in India.
They emphasized the need for environmentally responsible manufacturing, enhanced use of clean technologies, and industry-wide collaboration to reduce carbon footprints.
The speakers also acknowledged the steps taken by Amba Shakti Group in adopting sustainability-driven processes and contributing to India’s vision for greener industrial growth.
GST ISSUE, GREEN TAXONOMY & MARKET OVERVIEW
In the evening session a detailed discussion on key matters concerning the iron and steel industry was held at the Mahogany Hall of Hotel Shangri-La, New Delhi. The programme was led by AIIFA Sustainable Steel Manufacturers Association President Mr. Yogesh Mandhani and Secretary General Mr. Kamal Aggarwal.
The session commenced at 7 PM with the distribution of Green Steel Certificates, jointly presented by V.K. Tripathi, Joint Secretary, Ministry of Steel, Paramjit Singh, Director, NISST, and AIIFA President Yogesh Mandhani.
Several steel institutions were honoured on this occasion for their exceptional contributions and environment-friendly production practices. Awardees included:
- Aditya Agarwal – SKA Ispat & Power Limited
- Ishan Agarwal – SKA Ispat Private Limited
- Ambesh Tyagi – Ambica Steels Limited, Unit–II & Unit–IV
- Naman Palawat – M.S. Metals & Steel Private Limited
- Ramesh Goyal – Rasik Udyog
- Gaurav Sharma – Fortune Metals Limited
- Devendra Kumar Agarwal – Kashi Vishwanath Steels Private Limited
- Snehy Saraf – Radha Smelters Private Limited
- Kapil Jat – Jaydeep Ispat & Alloys Private Limited
- Dhruv Goyal & Manik Goyal – Amba Shakti Udyog Limited, Uttar Pradesh
- Akshat Goyal & Dhruv Goyal – Amba Udyog Limited, Madhya Pradesh
Insights on the Secondary Steel Sector
Addressing the gathering, V.K. Tripathi, Joint Secretary, Ministry of Steel, shared his perspectives on the current state and future direction of the secondary steel sector.
He emphasised that the sector’s role in the nation’s development is becoming increasingly crucial.
Tripathi stressed the importance of enhancing production capacity, energy conservation, pollution control, and technological advancement, encouraging the industry to adopt modern innovations to strengthen their global competitiveness.
Presentation on Advisory Framework & Taxation
Tax expert Bimal Jain delivered an in-depth presentation on advisory systems and taxation.
He explained the current tax structure, challenges faced by manufacturing units, and clearly outlined practical solutions.
He stated that industries can avoid unnecessary disputes by understanding tax regulations thoroughly and ensuring timely compliance.
Interactive Open Dialogue on GST Concerns
During the open forum, representatives raised several taxation-related questions.
Discussions covered issues such as:
- Raw material sourcing
- Pricing mechanisms
- Tax submission timelines
- Audit and assessment procedures
Experts addressed the queries comprehensively, resolving the concerns shared by industry participants.
Vote of Thanks by AIIFA Secretary General
The AIIFA Secretary General delivered the vote of thanks, expressing gratitude to all dignitaries, representatives, and industry groups for their support.
He assured that AIIFA will continue to contribute to the sector’s development through research, dialogue, and industry guidance.
Interaction with Media Representatives
Following the session, an interaction with media representatives took place.
Along with GST-related issues, challenges concerning iron ore availability and pricing were also discussed.
Experts responded to media queries and assured that all industry concerns would be conveyed to the government in a constructive manner.
Conclusion
The programme concluded with informal interactions and personal exchanges among attendees.
The entire session proved to be a significant platform for the steel industry, offering valuable opportunities for knowledge sharing, dialogue, and problem-solving.
