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India stainless market has huge potential

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Author: pslsteel

India stainless market has huge potential

The indian stainless steel market has potential to significantly increase based on usage per head based on Chinas and depite current down turn continues to grow. What kind of potential do you see for stainless steel in India? Demand is growing despite the slowdown. For the best results, we should allow customers to have access to premium products and pick suppliers of their choice. Unfortunately, there is a tendency to seek protection whenever demand goes down. Stainless steel users in India employ more people than the producers. Therefore, the government should take a balanced view on demands for hike in import duty or imposition of anti-dumping duty. India is rich in minerals and ores. We also have the widest pool of trained and educated professionals, huge internal demand and a pro-active government.

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