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
plants. Imagine the level of new employment such possibilities can bring in!
Let us learn to
think big. What is the governments role in this? First of all to provide an
enabling
environment and remove a number of bureaucratic hindrances. Allow new
entities to come in
without applywait
mode. Free the technical agencies to loan their experts on a
Longterm

basis to Indian industries. Help industryoriented

research out with various
developmental funds, which are marginally utilized or used for purchase of
equipment.
The vision and actions
To avoid too much of technical discussions, we have only provided glimpses
of
possibilities inbusiness 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

plants. Imagine the level of new employment such possibilities can bring in!
Let us learn to
think big. What is the governments role in this? First of all to provide an
enabling
environment and remove a number of bureaucratic hindrances. Allow new
entities to come in
without applywait
mode. Free the technical agencies to loan their experts on a
Longterm
basis to Indian industries. Help industryoriented
research out with various
developmental funds, which are marginally utilized or used for purchase of
equipment.
The vision and actions
To avoid too much of technical discussions, we have only provided glimpses
of
possibilities inbusiness 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
plants. Imagine the level of new employment such possibilities can bring in!
Let us learn to
think big. What is the governments role in this? First of all to provide an
enabling
environment and remove a number of bureaucratic hindrances. Allow new
entities to come in
without applywait
mode. Free the technical agencies to loan their experts on a
Longterm
basis to Indian industries. Help industryoriented
research out with various
developmental funds, which are marginally utilized or used for purchase of
equipment.
The vision and actions
To avoid too much of technical discussions, we have only provided glimpses
of
possibilities inbusiness 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
plants. Imagine the level of new employment such possibilities can bring in!
Let us learn to
think big. What is the governments role in this? First of all to provide an
enabling
environment and remove a number of bureaucratic hindrances. Allow new
entities to come in
without applywait
mode. Free the technical agencies to loan their experts on a
Longterm
basis to Indian industries. Help industryoriented
research out with various
developmental funds, which are marginally utilized or used for purchase of
equipment.
The vision and actions
To avoid too much of technical discussions, we have only provided glimpses
of
possibilities in