Want to create an interactive transcript for this episode?
Podcast: businessline's State of the Economy Podcast
Episode: Reduced price gap between imported and domestic steel may help curb imports
Description: In this episode of the State of the Economy podcast, Subramani Ra Mancombu from businessline talks to Sehul Bhatt, Director-Research at CRISIL Market Intelligence and Analytics about the current state of India's steel industry. Bhatt explains that despite the increase in imports, India's steel production capacity is on the rise. Indian mills are expected to add 55 to 60 million tonnes of capacity over the next four years, which translates to a 33% increase compared to the current capacity. This growth is driven by robust demand from key sectors such as construction, infrastructure, engineering, and the auto industry. The...