The Story of Vik Bansal

The COVID-19 Pandemic has taken the world by storm. With its effects paralyzing many aspects of the economy. Different sectors have been hit hard, forcing them to close down. Many individuals lost their sources of income and companies continued to face difficulties in operations. The manufacturing sector was not spared.

The global supply chain has faced severe challenges with different elements coming into play. Due to the shortage of raw materials, the manufacturing sector has seen a drawback in operations. The supply chain process has been affected, including the distribution centers and warehouses.

Despite the harsh economic ties, there lies an opportunity for the steel industry to thrive. Vik Bansal CEO has brought his vast experience to transform the steel industry. With his development strategies, the industrialist is keen on recycling items. The opportunity he sees for the sector to thrive such that there is a room for growth of the recycling sector.

Vik Bansal is keen on ensuring that the country uses recyclable items to ensure that the economy is sustained. The same zeal that he had in recycling he brings it to the Australian manufacturing sector with the hope of keeping the industry moving.

According to Vik Bansal, the pandemic highlighted the plight of the Australian manufacturing sector. The sector has been declining after the colonial era, and the sector seems to be going through a downward spiral.

Vik Bansal InfraBuild is optimistic post-pandemic that different policies need to be implemented to ensure continuity of the sector. One of the developments is the Modern Manufacturing Initiative which is meant to uplift the declining sector. The Government is keen on transforming the sector on output and sustainability.

 About Vik Bansal

Vik Bansal has experience of over two decades in the manufacturing sector. Through his different roles, he has been tasked with transformative roles that have yielded results in the various sectors he has worked in. He has held different positions and has an undergraduate degree in Engineering. Refer to this article for additional information.

He created the Footprint 2025 plan designed to increase resource-saving and recovery methods. This has already made an impact locally as his idea of circular economies has provided a sustainable method for dealing with waste.

An article entitled, “Looking at the Global Future of Sustainable Steel with Vik Bansal”, building a sustainable future for the world will be impossible without finding a way to utilize technology and pave ways for innovation and sustainability. Bansal talked about sustainability – the environment is certainly a massive piece of the puzzle but it is a much bigger than just the environment,” said Bansal. “Sustainability must be considered for all of the other stakeholders”.


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