Dr. Ahmed Shah Firoz served as Chief Economist at the Economic Research Unit of the Ministry of Steel till recently, studied Economics in India’s prestigious Jawaharlal Nehru University, New Delhi, to acquire is his Masters (MA) ,M.Phil. and Doctorate (Ph.D.) degrees. He worked on the problems of disequilibrium states of the market specifically involving consumer behavior in shortage economies of the erstwhile USSR, Hungary and Poland. He also worked on the concepts of soft budget constraints in investment decisions in both centrally planned and market economies.
He then moved on to study industrial development and growth and focused on metal and natural resource industries, including energy related products. He has been working for over 20 years on steel, aluminium, coal (coking and thermal) , metallurgical coke, petroleum coke, iron ore, etc. in both the Indian and global context. He worked for organizations such as Bureau of Industrial Costs and Prices (BICP) and Observer India Ltd. In the early days of his career.
As an independent consultant, during 2006-2009, he worked on several important research projects involving coal, iron ore, steel and oil with industry behemoths such as BHP Billiton, Rio Tinto, POSCO, and the Aditya Birla Group
Firoz is currently a member of the Expert Group in the government project Mining 2035 undertaken under the auspices of Niti Aayog, the government’s most important think tank and policy driver. He is a Member of the Governing Body of Thought Arbitrage Research Institute ( TARI), a professional research body. He is also member of the Advisory and Governing Body of Steel User Federation of India ( SUFI). He continues to advise the government on various policy and strategic matters related to the iron and steel and coal and other related sectors. He is also seen as the architect of India’s new steel policy.
He is also a passionate photographer and has held several exhibitions of his fine art photographs in the top galleries in the country.