The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.
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Centre plans public transit hubs
An MoU has been entered into between the Ministry of Railways and the Ministry of Urban Development for integrated planning of railway stations in the cities included in the Smart Cities and AMRUT scheme.
Centre plans integrated public transit hubs
An MoU has been entered into between the Ministry of Railways and the Ministry of Urban Development for integrated planning of railway stations in the cities included in the Smart Cities and AMRUT scheme.