Is the government killing the steel industry?

India is shortly going to add around 26 million tonnes of steel through brownfield expansion, and this includes projects by SAIL, Tata, RINL, Jindal, Essar, apart from smaller players. These are ongoing projects and are not facing any hurdles over raw material linkages. With this fresh capacity, it should be possible to cater to the emerging growth in demand for steel in the country.

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