Vikram Amin, Executive Director, Strategy & Business Development, Essar Steel India Ltd, expects domestic demand to start picking up given the accelerated GDP growth.
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Steely growth
India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.
Rs.200-cr corpus for steel tech mission
A corpus of over Rs 200 crore has been created for setting up of the Steel Research and Technology Mission of India (SRTMI), with the objective of making India self-reliant in special steels and making the country a metallurgical hub.