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E-portal for RINL steel to revolutionise trade

Birender Singh launched an e-portal for online sale of steel products.

Visakhapatnam: Union Steel Minister Birender Singh launched an e-portal for online sale of steel products by RINL through MSTC Metal Mandi in the North Eastern Region on Thursday. Minister of State for Steel Vishnu Deo Sai, Secretary, Steel Dr Aruna Sharma, CMD of RINL P. Madhusudan and CMD of MSTC B.B. Singh were among those present on the occasion.

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. He added, “In February this year, when we set up a coordination committee for pooling of resources between PSUs, we had potential for projects like this in mind. I am happy that this project has started and it should serve as an example for more such innovative and out-of-the-box projects. The ministry had organised a regional conference for enhancing steel consumption in the North-East. The region is being given top priority by our government and many new projects are being started and executed there. Our steel companies must tap this market. Let us try to find out more such areas where our PSUs can work together to achieve economies of scale and reaching new markets.”

The portal provides information regarding the products available, specifications, pricing, etc. Delivery at the doorstep is one of the attractive features of this initiative. The 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 through the portal. On receipt of the enquiry RINL shall take action to execute the sale.

( Source : Deccan Chronicle. )
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