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‘Artificial Intelligence helps in enhancing Operational Efficiency and deliver impactful results’

in National January 7, 2025 Comments Off on ‘Artificial Intelligence helps in enhancing Operational Efficiency and deliver impactful results’ 112 Views

Newdelhi:7/1/24:The Ministry of Steel, organized a program on “Artificial Intelligence and Machine Learning in the Steel Industry” on 7th January 2025 in New Delhi. This program aimed to delve deeply into the transformative potential of Artificial Intelligence in steelmaking and its integration into the domestic steel industry to enhance efficiency across the value chain. It sets a benchmark for the industry by addressing cutting-edge technologies to enhance sustainability and global competitiveness.

This event brought together industry leaders, AI experts, and policymakers to exchange ideas, share insights, and explore advancements in the application of Artificial Intelligence in the steel industry.

The highlight of the event was the presentation by Shri Hasmukh Ranjan, Senior Vice President and Chief Information Officer at AMD, who shared valuable insights on the revolutionary abilities of AI in steelmaking and the scope of use of AI in the industry. He remarked, “AI is at the core of our innovation journey, driving transformative solutions that enhance operational efficiency and deliver impactful results.”

Addressing the gathering, Shri Sandeep Poundrik, Secretary, Ministry of Steel, emphasized that, “Artificial Intelligence is not a distant futuristic concept, but a present reality that is redefining the very foundation of steel production.”

The session also featured presentations by SAIL, NMDC, and MSTC, detailing the current use of AI and future possibilities in modernizing steel production, mining operations, and procurement processes. These presentations highlighted how AI is enhancing operational efficiency, driving innovation, and supporting sustainable practices within the steel industry.

This program reflects the Ministry of Steel’s commitment to embracing technological advancements and supporting companies like SAIL in creating a resilient and sustainable future.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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