Reddys' Obulapuram struck gold under YSR patronage

If you click on Bramhani Steels on the internet, the site will not open. But this wasn't so a year ago. Promoted by Gali Janardhana Reddy, this proposed steel plant located in Kadapa district of Andhra Pradesh was to be set up to initially produce 1.7 million tonnes of steel a year, ramping up its capacity to 20 million tonnes in a few years. Strangely, this huge Rs 6,850-crore project was to be established without any bank loans or equity from the public.

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