Tata Steel has told that the Govt's focus on infrastructure & urbanization plan will increase the requirement for steel, which is presently low in the country.
The requirement for steel in the country is poised to grow as the market requirement is positive due to government initiatives to invest in infrastructure, airport, road and its urbanisation plans like smart cities.”
India has the ability to grow by 7 to 8 per-cent and the requirement for more investments in infrastructure, airport, road and the Govt urbanization plan would help grow the requirement for steel, he contributed.
The MD further contributed that besides India, the requirement of steel was certain to grow in South East Asia, Mexico and Turkey & advocated a level playing field to face the issue of dumping from countries with surplus capacity like China,Japan & Korea compete with world players in the sector.
The requirement for steel in the country is poised to grow as the market requirement is positive due to government initiatives to invest in infrastructure, airport, road and its urbanisation plans like smart cities.”
India has the ability to grow by 7 to 8 per-cent and the requirement for more investments in infrastructure, airport, road and the Govt urbanization plan would help grow the requirement for steel, he contributed.
The MD further contributed that besides India, the requirement of steel was certain to grow in South East Asia, Mexico and Turkey & advocated a level playing field to face the issue of dumping from countries with surplus capacity like China,Japan & Korea compete with world players in the sector.
Click For Free Trial
No comments:
Post a Comment