International Journal of Social Science & Economic Research
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Title:
MARKET RECEARCH ON INDIAN STAINLESS-STEEL INDUSTRY

Authors:
Ekansh Aggarwal

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Ekansh Aggarwal
Delhi Technological University

MLA 8
Agarwal, Ekansh. "MARKET RECEARCH ON INDIAN STAINLESS-STEEL INDUSTRY." Int. j. of Social Science and Economic Research, vol. 6, no. 10, Oct. 2021, pp. 4218-4233, doi.org/10.46609/IJSSER.2021.v06i10.046. Accessed Oct. 2021.
APA 6
Agarwal, E. (2021, October). MARKET RECEARCH ON INDIAN STAINLESS-STEEL INDUSTRY. Int. j. of Social Science and Economic Research, 6(10), 4218-4233. Retrieved from doi.org/10.46609/IJSSER.2021.v06i10.046
Chicago
Agarwal, Ekansh. "MARKET RECEARCH ON INDIAN STAINLESS-STEEL INDUSTRY." Int. j. of Social Science and Economic Research 6, no. 10 (October 2021), 4218-4233. Accessed October, 2021. doi.org/10.46609/IJSSER.2021.v06i10.046.

References

Abstract:
A comprehensive study of the Indian stainless-steel industry (grade 304 and 316L) and the new opportunities coming to India due to Chinese economic slowdown. As Indian economy is shifting its focus on manufacturing sector through ‘Make in India’, steel industry cannot be left in the hands of private players. Though Indian government has taken some steps to make the Indian steel more competitive cost wise and quality wise, those are not sufficient enough to achieve full production capacity. Apart from short term measures like increase in safeguard and anti-dumping duty, long term changes like sufficient supply of raw material of steel at low cost, bringing steel and its alloys in the lower bracket of GST can also be introduced.

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