The union minister of steel Birendra Singh has launched a E-portal for online sales of steel products in the North Eastern Region.
The minister launched a dedicated e-portal for online sales of steel products by RINL through MSTC Metal Mandi in the North Eastern Region of the country. Minister of state for steel Vishnu Deo Sai; Secretary, Steel, Dr. Aruna Sharma; CMD, RINL, P. Madhusudan and CMD, MSTC B.B. Singh were among those present during the launch.
In his address Birender Singh remarked that the E-Portal is an excellent example of synergy between ‘Digital India’ and ‘Make in India’ missions initiated by Prime Minister Narendra Modi.
The portal provides information regarding the different products available, their specifications, pricing, etc. Delivery at the doorstep is one of the attractive features of this initiative. The entire process is transparent and the interaction is enabled by a user-friendly interface. Sale through the web is enquiry based system, where the registered buyer shall be sending the enquiry for its requirement of steel (mainly TMT rebars and structural products) through the portal. On receipt of the enquiry, RINL will execute the sale process.
Pooling of resources under the Ministry of Steel for mutual benefit, by utilizing the web services of MSTC shall be both a cost saving measure and an opportunity to develop new markets to RINL.
It is noteworthy that the rapid development of infrastructure in North East region is taking place with improvements in road, rail and air connectivity and telecommunication network. This in turn would boost the demand for steel and the present initiative would go a long way in meeting such demand apart from bringing Vizag Steel to the doorstep of other consumers.