The government today said it is hopeful
2019年11月20日Govt expects them to resolve differences over setting up of about Rs 5,000-crore autograde steel plant.Inhttps://www.jinduhardware.com/product/hex-nut/uni5587-hex-nut.html an investor presentation in June 2015, ArcelorMittal had said the proposed steel plant will come up at a major auto cluster in India."May-end is the deadline and before that we think some solution should come up.
The proposed JV will construct a cold rolling mill and other downstream finishing facilities in India, touted as one of the fastest-growing automotive markets in the world with production expected to double between 2014 and 2020, from 3.In May last year, an inter ministerial group (IMG) had reviewed the progress of MoU that aims to set up an estimated Rs 5,000-crore joint venture (JV) plant to produce autograde steel in the country. Some problem is solved.
The much-awaited joint venture (JV) between steel giant ArcelorMittal and state-run SAIL will also focus on producing specialised grade steel products for defence, space and automobiles.The JV between steel giant ArcelorMittal and state-run SAIL will be operational by December, 2016, Singh had earlier said.6 million units to 7.hief executive Lakshmi Mittal of ArcelorMittal
The government today said it is hopeful that SAIL and ArcelorMittal will resolve differences over setting up of about Rs 5,000-crore autograde steel plant before May. Good news should come," Steel Minister Chaudhary Birender Singh told reporters here. "An MoU was signed earlier, but there were some issues related to production etc, which will be sorted in a month or so.3 million units... It should be operational by the year-end (December, 2016)," he had said. India has four major auto clusters - Pune-Chakan belt in Maharashtra, in the outskirts of Chennai in Tamil Nadu, Sanad in Gujarat and the Gurgaon-Neemrana belt spread across Haryana and Rajasthan
The proposed JV will construct a cold rolling mill and other downstream finishing facilities in India, touted as one of the fastest-growing automotive markets in the world with production expected to double between 2014 and 2020, from 3.In May last year, an inter ministerial group (IMG) had reviewed the progress of MoU that aims to set up an estimated Rs 5,000-crore joint venture (JV) plant to produce autograde steel in the country. Some problem is solved.
The much-awaited joint venture (JV) between steel giant ArcelorMittal and state-run SAIL will also focus on producing specialised grade steel products for defence, space and automobiles.The JV between steel giant ArcelorMittal and state-run SAIL will be operational by December, 2016, Singh had earlier said.6 million units to 7.hief executive Lakshmi Mittal of ArcelorMittal
The government today said it is hopeful that SAIL and ArcelorMittal will resolve differences over setting up of about Rs 5,000-crore autograde steel plant before May. Good news should come," Steel Minister Chaudhary Birender Singh told reporters here. "An MoU was signed earlier, but there were some issues related to production etc, which will be sorted in a month or so.3 million units... It should be operational by the year-end (December, 2016)," he had said. India has four major auto clusters - Pune-Chakan belt in Maharashtra, in the outskirts of Chennai in Tamil Nadu, Sanad in Gujarat and the Gurgaon-Neemrana belt spread across Haryana and Rajasthan
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