Overview Union Minister for Steel and Heavy Industries, H.D. Kumaraswamy , announced a significant expansion plan for Rourkela Steel Plant (RSP) during a recent visit. The plan aims to double the plant's capacity to 9.8 million tonnes by 2030 . This expansion is projected to bolster India's steel production capabilities and contribute to regional economic growth. Key Developments Expansion and Modernization Plans Capacity Expansion: The capacity of RSP will be doubled to 9.8 million tonnes by 2030 . Investment: The expansion project is estimated to cost approximately ₹30,000 crore . Modernization: Modernization efforts will involve an investment of about ₹9,000 crore to ensure global competitiveness. Infrastructure and Production Enhancements New Slab Caster: Inauguration of a modern 1 MTPA Slab Caster at Steel Melting Shop-2, constructed with a Capex of approximately ₹1,100 crore . Raw Material Security: The Odisha Group of Mines increased production by over 5% this year and is expected to cross nearly 15 million tonnes in FY 2025–26 . Government and Regional Impact Collaboration: The Ministry is working closely with the Odisha Government to ensure efficient progress. Socioeconomic Gains: The expansion is expected to generate more employment for local youth, create greater opportunities for MSMEs , and strengthen community development. National Steel Policy Alignment The expansion aligns with the National Steel Policy , which aims to expand India’s steel capacity to 300 million tonnes by 2030–31 under the leadership of Prime Minister Shri Narendra Modi . Reducing import dependence and boosting specialty steel production through the PLI Scheme are critical components of this mission. UPSC Relevance This news is relevant to GS3: Infrastructure Development and GS3: Industrial Policy . The expansion of Rourkela Steel Plant and the broader National Steel Policy are important for understanding India's industrial growth strategy and its impact on the economy and employment. Important Facts for UPSC Rourkela Steel Plant (RSP): India's first Public Sector Integrated Steel Plant. Expansion Target: 9.8 million tonnes by 2030. Investment in Expansion: ₹30,000 crore. Investment in Modernization: ₹9,000 crore. National Steel Policy Target: 300 million tonnes by 2030-31.