Warning from a steel magnate

Lakshmi Mittal was at Bhatinda in Punjab for the opening of a new refinery that one of his companies has built in collaboration with public sector firm HPCL. It is good to be reminded that new industrial projects are getting commissioned in such times. But Mittal also used the occasion to send out a clear warning about why India is suffering as an investment decision. The prime minister was also there; he dedicated the Bhatinda refinery to the nation, as government spin doctors like to describe such activities.

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