Pankaj Khanna, MD of PP Rolling Mills, on the Manufacturing Sector and the Indian Steel Industry’s Advancement
1. The Indian Steel industry has been a forerunner in modernization and transitioning to greater energy efficiency. What lessons can other sectors glean from this?
The Indian steel industry’s pioneering advancements in modernization and energy efficiency offer an array of invaluable lessons that extend their impact across various sectors:
- The ‘melt and pour’ provision within trade agreements stands as a prime example of the significance of robust rules and regulations. By ensuring that trade benefits are exclusively directed to genuine manufacturers, the industry’s foresight prevents the misuse of concessions. This underscores the importance of establishing stringent protocols to curb any attempts at circumventing trade agreements, a practice that resonates across industries.
- The adaptability displayed in the face of global regulations, such as the Carbon Border Adjustment Mechanism, sheds light on the significance of preparedness. The industry’s proactive engagement and examination of potential impacts underscore the importance of staying informed and ready to respond to evolving international norms.
- The ambitious goals set forth by the National Steel Policy showcase the vitality of realistic growth targets aligned with market trends. This serves as a reminder for other industries that, while ambition drives progress, it should harmonize with the practicality of market dynamics. The steel industry’s vision offers inspiration for other sectors seeking sustainable expansion.
2. How rolling mill technology is empowering the Indian manufacturing industry?
Rolling mill technology is playing a pivotal role in empowering the Indian manufacturing industry, offering numerous advantages that cater to both large and small-scale manufacturers.
- Efficient Metal Processing: Rolling mills have been a cornerstone for metal processing, streamlining the conversion of varying-density metals into sheets, rounds, bars, wires, etc.
- Consistent Precision: Precision is paramount in maintaining uniformity across lengthy processes, ensuring consistent and accurate outcomes, a crucial feature for the quality-conscious requirements of end users.
- Enhanced Productivity: Boosting productivity in minimal time is a shared objective across manufacturing scales. Rolling mills deliver on this front by streamlining production processes. A single investment in this technology can yield time savings, precision gains, and overall operational efficiency.
3. Where are the operations of PPRM and POMINI Long Rolling Mills situated in India and internationally?
PP Rolling Mills (PPRM) conducts its operations primarily from India, where it has established itself as a prominent manufacturer and supplier of rolling mills and related equipment. With a strong presence in the international market, PPRM serves more than 300 steel rolling mills and caters to the heavy equipment requirements of major customers in the steel industry.
POMINI Long Rolling Mills, a renowned Italian company, operates from Legnano, Italy. With a presence in over 70 countries worldwide, POMINI Long Rolling Mills has successfully expanded its reach beyond its home country, making it a global player in the steel industry. Additionally, the tech center in Milan, Italy, serves as a hub for driving innovation and developing new technologies for the steel sector.
4. How is the merged unit of PP Rolling Mills and POMINI Long Rolling Mills positioned to capitalize on present market opportunities?
The merged unit of PP Rolling Mills and POMINI Long Rolling Mills is strategically positioned to capitalize on current market opportunities by combining their global presence, expertise, design, manufacturing, and innovation. Leveraging PPRM’s strong foothold in the Indian market and POMINI Long Rolling Mills’ international reach, the collaboration creates a dynamic force with insights into diverse markets. This synergy has enabled them to offer a comprehensive range of high-quality solutions that cater to the evolving demands of the booming Indian steel industry, all while driving innovation through research and development. With a focus on operational excellence, knowledge transfer, and a commitment to supporting bilateral trade and development, the merged unit is well-equipped to lead the industry in efficiency, accuracy, and sustainability, shaping a new era in the global steel landscape.
