Evolve a suitable road map for growth of the Indian steel industry

摘要

Despite the strong adverse impact of the global meltdown, steel production in India registered positive growth of around 3.4% in the first quarter of the FY2009-10 in comparison to the similar period of the FY2008-09 mainly due to the strong demand in the Indian domestic market segment and higher infrastructure spending by the government in the last couple of years through budget allocations. Steel consumption in the country went up by 5.3% during Q1FY2009-10.