A Blueprint of Indian Steel Industry. Wootz Steel (400-420 A.D.).
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Indian Steel Industry
“Wootz was the first High Quality Steel made anywhere in the world. According to travelers to the East, the Damascus Swords were made by forging small cakes of Steel that were manufactured in South India. This Steel was called “Wootz”. It was a 1000 years before Steel as good was made anywhere in the West.“
- An Overview
Total Steel Capacity 14 Million MT
Total Steel Capacity 25 Million MT
Total Steel Capacity 27 Million MT
Total Steel Capacity 36 Million MT
- A Future Giant?
Objectives of the National Steel Policy:
To increase steel making capacity
From 35 million tons in 2004
to 60 million tones in 2012
to 100 million tons in 2020
Iron Ore reserves of
Stable & Vibrant Democracy
Market – A strong Middle Class
Overall economical Growth is sustainable
Global Location for Exports
Indians already making 120 Million MT
Lack of Proper Infrastructure
Resources Like Coke, Coal
Plant & Machinery Availability
Government Policies Vacillation
Inconsistent Growth Rates
Manpower Shortage since Indians already make 120 million MTIndia - A Future Giant?
-A Quick Sales Spiel