India to be second largest producer of crude steel by 2015

As per the Government, India is expected to become the 2nd largest producer of crude steel in the world by 2015
Steel Industry in India:

  • Contributes over 2% to the GDP.
  • Production has escalated from 66 million tonne per annum in 2008-09 to 89 million tonne per annum in 2011-12
  • Per capita steel consumption has increased from 38 Kg in 2005-06 to 55 Kg in 2010-11

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