India is the world’s third-largest producer of crude steel (up from eighth in 2003) and is expected to become the second-largest producer by 2016. The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. Consequently, the steel sector has been a major contributor to India’s manufacturing output.
The Indian steel industry is very modern with state-of-the-art steel mills. It has always strived for continuous modernization and upgradation of older plants and higher energy efficiency levels.
The Indian Steel industry and its associated Mining and Metallurgy Sectors have seen a number of major investments and developments in the recent past. According to the data released by Department of Industrial Policy and Promotion (DIPP), the Indian Metallurgical Industries attracted Foreign Direct Investments (FDI) to the tune of US$ 8.7 billion, respectively, in the period April 2000–September 2015.
The issue will focus current News & New projects, articles, Products- Processes & Services. This issue offers an Excellent Opportunity to convey your Sales Message to the Indian Industrial gamut
– by placing a suitable Advertisement.