Indian Steel Industry Booms With $130 Billion of Active Projects, an Industrial Info News Alert

(firmenpresse) - DELHI, INDIA -- (Marketwire) -- 03/23/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- India's iron and steel industry is more than a century old, beginning when Tata Steel (BSE:500470) (Mumbai) set up its first integrated plant in 1907. Ever-increasing demand from various sectors such as infrastructure, real estate and automobiles has put India's steel industry on the world map.

A rapid rise in production has helped India become the fourth-largest producer of crude steel and the largest producer of sponge iron in the world. As part of our , Industrial Info is tracking more than 400 steel projects in India, with a combined total investment value of more than $130 billion.

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 23.03.2012 - 10:25 Uhr
Sprache: Deutsch
News-ID 127806
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DELHI, INDIA

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Mining & Metals

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