SteelMin mulls plant at Jagdishpur in UP

Image
Press Trust of India Lucknow
Last Updated : Jan 20 2013 | 1:43 AM IST

Minister of State for Steel Beni Prasad Varma today said the ministry is contemplating a proposal for setting up a steel plant with the association of a Japanese firm at Jagdishpur in Amethi parliamentary constituency of Uttar Pradesh.

"We have called a Japanese company with whose collaboration we plan to set up a major steel plant in Jagdishpur," Varma, who was on a maiden visit to the state capital after being inducted in the Union government, told reporters here.

The minister said that the Japanese firm has already started survey for the project for which required land was already available. "We also plan to start manufacturing of modern steel in the state. Besides Japan we are also in touch with some Korean companies," he said.

Varma also said that though he was bit pained on being inducted as a junior minister at the Centre, he has been assured of better prospect.

"I was bit pained on being inducted as minister of state, but there would have been some compulsion before the leadership," Varma said.

"But I have been assured on this front and soon I will top," he added.

In a reply to a question Beni said that steel was a bigger ministry as compared to telecom of which he had been a Cabinet minister in the past. "I am having an independent charge with no senior or junior minister," he said.

Varma said that Uttar Pradesh was backward industrial sector and to promote it the ministry plans to set up small steel projects in the state.

"If Mayawati provides land we intend to set up small plants in UP ... We plan to boost industrial sector in the state," he said.

The minister said that if Mayawati does not provide the land it will get a befitting reply in 2012 state assembly elections.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 27 2011 | 6:11 PM IST

Next Story