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Home arrow Defence arrow India looses over Rs 2 Lac Crores per year due to corrosion: Dr Baldev Raj
India looses over Rs 2 Lac Crores per year due to corrosion: Dr Baldev Raj Print E-mail
Written by Ganesh   
Tuesday, 26 April 2011
New Delhi: India looses over Rs 2 lac crores every year due to the menace of corrosion. The annual cost of corrosion worldwide is estimated to be $2.2 trillion. World Corrosion Organization (WCO) has designated April 24 as the Corrosion Awareness Day. On the occasion, CII has announced its 1st Global Corrosion Summit, 24-25 August 2011.

Speaking about CII's Global Corrosion Summit, Chandrajit Banerjee, Director General, Confederation of Indian Industry (CII) said that it would provide a mechanism for the industry to progress in corrosion mitigation from a reactive status to a predictive status.

Expressing concern about the impact of corrosion Dr Baldev Raj, Chairman- CII Corrosion Management Committee & Director- Indira Gandhi Centre for Atomic Research said "While all of us are concerned about the country’s growth rate slowing down, India looses a staggering figure of over Rs 2 Lac Crores per year due to corrosion, which goes largely unattended."

World Corrosion Organization (WCO) has designated April 24 as the Corrosion Awareness Day to highlight damage to the environment, impact on people and waste of resources, such as water, resulting from corrosion of pipelines, treatment facilities and process industry equipment.

He further added that there was a big opportunity to save costs due to corrosion and enhance the life of products, plant and machinery and civil structures. He urged the industry and government to collaborate to introduce the Corrosion Act in India, like US which provides incentives to organizations for taking preventive measures against Corrosion.

"Awareness and competence in corrosion control have to be supported and improved in Indian industry. Industrial Asset Management needs implementation of corrosion audits, corrosion assessment, and corrosion management," said Chandrajit Banerjee.

Gautam Thapar, Chairman-CII-AVANTHA Centre for Competitiveness for SMEs and Chairman & CEO-Avantha Group said that the CII Corrosion Management Committee (CII-CMC), offers services such as corrosion audits, corrosion handbooks, certification programmes, awareness programmes, webinars etc to minimize losses due to corrosion in various industry sectors. Till date 22 corrosion programmes have been conducted at various locations impacting more than 2500 senior, middle level managers and engineers. This Committee organised under the aegis of CII Avantha Centre is dedicated to create awareness about importance of corrosion management. Its aim is to build a scenario where corrosion management is considered a business opportunity.

According to Thapar, the CII CMC provides Advisory services through a network of 26 renowned professionals with distinguished work in corrosion management. These professionals have been drawn from Industry and Strategic Institutes.

This initiative plays a critical role in reducing one of the biggest national losses through a two pronged strategy which includes building an eco system for corrosion management. Additionally it has conceived a “Faraday Council,” of young scientists with expertise to deliver this service and gain practical experience, added Mr Thapar.

Corrosion has a huge economic and environmental impact on virtually all facets of the world’s infrastructure, from highways, bridges, and buildings to oil and gas, chemical processing, water & wastewater systems and particularly industrial structures. In addition to causing severe damage and threat to public safety, corrosion disrupts operations and requires extensive repair and replacement of failed assets.

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