Indian steel industry faces constraints: Sajjan Jindal

India Infoline News Service | Mumbai | July 28, 2015 15:35 IST

Jindal added that the unprecedented growth in steel imports in hurting the domestic industry. "The outlook for the domestic steel industry remains robust and the prospect of capital investments are bright," says Sajjan Jindal at AGM.

Speaking at the company's annual general meeting (AGM), JSW Steel Chairman Sajjan Jindal reportedly said that the Indian steel industry faces constraints such as ease of doing business, land acquisition, environmental clearance and availability of finance at competitive prices.
Jindal added that the unprecedented growth in steel imports in hurting the domestic industry. 
"The outlook for the domestic steel industry remains robust and the prospect of capital investments are bright," says Sajjan Jindal at AGM.

***Note: This is a NSE Chart

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.