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CUT IMPORT DEPENDENCE FOR SPECIAL GRADE STEEL BY BOOSTING LOCAL CAPACITY: GOVT
Manufacturing Today
|October 2020
A draft framework has been prepared for development of clusters.
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The government stressed the need to cut import dependence for special grade steel, exhorting the domestic players to go for research and development activities and take required measures to make India self-reliant in value-added steel production.
Union Minister of State for Steel Faggan Singh Kulaste said though the country is the second largest producer of crude steel in the world, it is purely dependent on imports for special grade steel.
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