Reason to invest
4th largest steel producer in the world
2nd largest steel producer by 2015
Growth driver
Geographically closer to key automotive markets like the ASEAN, Japan, Korea & Europe
Sector policy
Increased investments in R&D operations and laboratories, conduct activities such as analysis, simulation and engineering animations.
Automatic approval for 100% foreign equity investment in auto components manufacturing facilities.
Establishment of automotive training institutes and auto design Centre's, special auto parks and virtual SEZs for auto components.
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