Sector OverviewSteel is one of the core industries contributing to the development of an economy. India has become the third largest steel producer after China and Japan and is expected to be the second largest producer soon. FICCI’s Steel Committee comprises of CEOs and representatives of leading steel organizations in the country. The committee interacts closely with the Government on various policy issues. Committee’s objective is to help the country have an efficient world class steel industry catering to diversified requirements of the consuming sectors. FICCI Steel Committee also focuses on how to achieve global benchmarks of productivity, efficiency and adopt best practices in steel production.