WCA November 2022

India Insight

SMS and JSW Steel carbon reduction projects JSW Steel, the flagship company of the $22bn JSW Group, has signed a memorandum of understanding (MOU) with SMS group to explore multiple solutions and R&D projects to reduce carbon emissions in its iron and steel making operations in India. the latest technologies available, thereby ensuring a safe, secure and healthy future for all our stakeholders and communities. Achieving net zero in the steel industry will require major upgrades and capital investments in steel mills, and the initiative will have to be taken at both an industry and policy level.”

commented, “Our know-how and experi- ence in metallurgy combined with our digital expertise and plant technology are enabling SMS group and JSW Steel to create a greener metals industry.” SMS group GmbH www.sms-group.com JSW Steel www.jsw.in

Digital services provider Jio has acquired spectrum in the 700 MHz, 800 MHz, 1,800 MHz, 3,300 MHz and 26 GHz bands in auctions conducted by the Government of India’s Department of Telecommunications. The rights acquisition will enable the company to build an advanced 5G network and strengthen India’s position in wireless broadband connectivity. Jio’s 5G network will enable the next generation of digital solutions that will accelerate India’s progress towards becoming a $5 trillion economy. Launched six years ago, Jio created multiple records during its roll-out of the largest 4G network, which now provides digital services to more than 400mn customers. The company states that it embraces future technologies to unlock their potential for the benefit of the people and businesses of India. SMS group, a major producer of iron and steel production technologies, will support JSW Steel in India to improve its operational efficiency and environmental performance. The MOU also sets out an agenda for discussions about future areas of cooperation. the businesses will be able to jointly look for ways of lowering carbon emissions and manufacturing green steel in a challenging industry. Sajjan Jindal, chairman and MD of JSW Steel, said, “While the steel industry accounts for 0.7 per cent of the world’s economic output, it also contributes 7 per cent towards global emissions. We need a new transformative approach focused on green steel. With SMS group as our technology partner, we are on our way to turning metals green across the globe. “We are also committed to building and continually upgrading all our plants using Through the partnership,

Burkhard Dahmen, CEO and chairman of the managing board of SMS group,

The MOU was signed by SMS CEO and chairman Burkhard Dahmen and Sajjan Jindal, chairman and MD of JSW Steel

Preparing the roll-out of advanced 5G network across India

Akash M Ambani, chairman of Reliance Jio Infocomm. “This was the vision and conviction that gave birth to Jio. The speed, scale and societal impact of Jio’s 4G rollout is unmatched anywhere in the world. Now, with a bigger ambition and stronger resolve, Jio is set to lead India’s march into the 5G era. […] We will provide services, platforms and solutions that will accelerate India’s digital revolution, especially in crucial sectors like education, healthcare, agriculture, manufacturing and e-governance.” Reliance Jio Infocomm Ltd www.jio.com

Jio’s 5G will ensure that everyone in India will be able to access transformative digital services and platforms. Using a solution made in India, by Indians, and to suit the need of every Indian, Jio is ready for 5G roll-out in a short time period because of its nationwide fibre presence, all-IP network with no legacy infrastructure, indigenous 5G stack and global partnerships across the technology ecosystem. “We have always believed that India will become a leading economic power in the world by adopting the power of breakthrough technologies,” said Shri

Tell us YOUR news... To submit news for the India Insight section free of charge, email david@intras.co.uk or call direct on +44 1926 334137.

35

www.read-wca.com

November 2022

Made with FlippingBook Learn more on our blog