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The steel sector has welcomed gracious public policy support. Local production of steel has been heavily promoted via the National Steel Policy 2017 by the Government Of India, where there are ambitious plans to ensure that India maintains its status as one of the world’s top steel producers. This has propelled a series of projects and investments for new and existing market entrants.

THE OPPORTUNTIY

With an imminent year-on-year boost provided to the infrastructure sector, the Indian steel industry has opened multiple new avenues for companies looking to set up steel manufacturing plants or engage in steel-related trade in India.

From a market standpoint, the potential of the steel manufacturing in India can be highlighted via the following statistics:

2nd

Largest steel-producing country in the world

93.31

Million ton of steel produced from Jan-Oct 2019

131.57

Million ton of gross finished steel produced in FY19

INSIGHTS

Stay updated with our insights and expert opinions on significant aspects of doing business in this sector as well as key policies issued by the governing authorities that impact the sector

Scrappage Policy In India – Signifying The Need Of The Policy In Recent Times

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Inland Waterways In India: A 10,000 Kilometer Opportunity

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The Union Cabinet in-principle approves the leasing of 6 AAI airports for management, operation, and development under hashtag PPP.

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