Today, the industry is characterised by strong demand growth and co
nsolidation.” For what rationale drives the Indian steel industry in the limelight of domestic as well as overseas players? Bhavin Chheda, Head of Research, Pioneer Intermediaries elucidates, “At the moment, (gross) capacity of the Indian steel industry is just 35 MMT; (However) with GDP growth of 7-9% projected over the next few years, and on the back of big ticket investments lined up in infrastructure, power and real estate, the industry looks very promising.” In anticipation of the emerging threat ,Tata Sons decided to hike its stake in Tata Steel by 10%, raising its shareholding in the company to 30.04%, besides going ahead with a prodigious capex of Rs.700 billion.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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nsolidation.” For what rationale drives the Indian steel industry in the limelight of domestic as well as overseas players? Bhavin Chheda, Head of Research, Pioneer Intermediaries elucidates, “At the moment, (gross) capacity of the Indian steel industry is just 35 MMT; (However) with GDP growth of 7-9% projected over the next few years, and on the back of big ticket investments lined up in infrastructure, power and real estate, the industry looks very promising.” In anticipation of the emerging threat ,Tata Sons decided to hike its stake in Tata Steel by 10%, raising its shareholding in the company to 30.04%, besides going ahead with a prodigious capex of Rs.700 billion.For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
More IIPM-News:-
IIPM MANAGEMENT INSTITUTE
News At Work (continued alongside) : IIPM
IIPM : WHAT’S SECURITISATION?
IIPM Students Life > Campus Placement
IIPM Students Life > Campus Placement
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