India's steel demand revival hinges on Modi's roads-to-rail spending
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Mumbai
A REVIVAL in India's steel consumption from the weakest estimated growth in at least four years hinges on the government boosting spending on infrastructure, housing and road projects to absorb record output.
Finance Minister Arun Jaitley will announce on Feb 1 higher outlays for national highways, rural roads, railways and low-cost housing, Goldman Sachs Group Inc predicted in a Jan 19 report.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
