Insight
India: From Zero (Ni) to Hero (Stainless) in 20 years
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Report summary
India has succeeded in becoming an important regional force in the stainless steel business, despite not having domestic nickel resources that would enhance their cost-competitiveness. Already a crowded field of players gradually investing in modern equipment, India's consumer growth is now attracting foreign competitors. This might be the point when domestic ambitions come up against insurmountable opposition.
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