W
ith so much happening in the Steel sector, the Government is very optimistic about the sector and is hoping that India will take on the tag of the world’s second largest steel producer as soon as 2016, with its production capacity increasing three-folds to 120 Million Tonne (MT). In the National Steel Policy, the Government had projected that India would churn out 65 million tonne steel by 2010-11, however, the figure has now been pegged at 80 MT. Currently, India stands at the seventh position, producing 44 MT of alloy while China continues to lead followed by Japan and US.
For Complete IIPM Article, Click on IIPM Article
ith so much happening in the Steel sector, the Government is very optimistic about the sector and is hoping that India will take on the tag of the world’s second largest steel producer as soon as 2016, with its production capacity increasing three-folds to 120 Million Tonne (MT). In the National Steel Policy, the Government had projected that India would churn out 65 million tonne steel by 2010-11, however, the figure has now been pegged at 80 MT. Currently, India stands at the seventh position, producing 44 MT of alloy while China continues to lead followed by Japan and US.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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