We Must find out Possiblity of Consumption and uses with Production of Stainless Steel
As a thumb rule demand of any product should be matched by the supply. Unfortunately there is surplus supply of Stainless Steel affecting Indian Market. Imports from China are affecting Indian SS Market adversely which is due to the lowest manufacturing cost in China.
China is able to manufacture Stainless Steel at mass level bringing cost at lowest level and Indian manufacturers are simply importing the Coil which is used in manufacturing various items. There is no doubt that Indian has the great potential of Stainless Steel in near future and big wings are keeping eyes on Indian Market. Indian manufacturers have to develop new techniques and way to be innovative in SS and keep themselves vibrant in the market.
Only one of the esteemed association Indian Stainless Steel Development Association (ISSDA) has organize many business promotional programs with support of Jindal Stainless Limited (JSL)and Nickel Development Institute (NiDI) of Canada. |