Srikanth, R
(2018)
India's Steel Industry - quo vadis (Guest Editorial).
Current Science, 114 (2).
pp. 243-244.
ISSN 0011-3891
| Abstract: |
Steel is one of the most important man-made materials
with a huge diversity in use ranging from a paper clip to
an aircraft carrier. Modern infrastructure and buildings
are increasingly using steel due to its properties of
strength, aesthetics, ease of use and cost. For a developing
country like India, steel consumption is also linked to
economic growth. Just over a hundred years ago, Fredrick
Upcott, Chairman of the Indian Railways, promised to
‘eat every pound of steel rail’ made in India to British
specifications. Fast forward to financial year (FY) 17,
India is the third largest producer in the world producing
101 Mt of finished steel, only behind Japan and China.
The steel sector contributes 2% to India’s Gross Domestic
Product (GDP), and employs 5 lakh people directly
and 20 lakh people indirectly. This sector is estimated to
have an output multiplier effect of 1.4x on GDP and 6.8x
on employment in India. |
| Item Type: |
Journal Paper
|
| Additional Information: |
Copyright belongs to the Publisher |
| Subjects: |
School of Natural and Engineering Sciences > Environment
Programmes > Energy and Environment Programme |
| Divisions: |
Schools > Natural Sciences and Engineering |
| Date Deposited: |
01 Feb 2018 10:47 |
| Last Modified: |
01 Feb 2018 10:47 |
| Official URL: |
http://www.currentscience.ac.in/Volumes/114/02/024... |
| Related URLs: |
|
| Funders: |
UNSPECIFIED |
| Projects: |
UNSPECIFIED |
| DOI: |
|
| URI: |
http://eprints.nias.res.in/id/eprint/1419 |
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