January 2020
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Editorial

Growing Stainless Steel Business in India 

 

Dear Entrepreneur Readers
Happy New Year!
In India, stainless steel production manufacturing industries have been unorganized for the last several years. But in this New Year, I want to give you good news that now our industries are becoming unorganized from unorganized.

After coming GST, people have started to make everything business fit with the legal framework.. We are also preparing our infrastructure for international standards and production has also increased. India is the second largest consumption and manufacturing market in the world. The whole world is focused on India and now neighboring China is not able to meet the quality standards in price competition. In such a situation, the eyes of the world are towards India and now a ray of hope is seen. At this time, manufacturers who have adapted themselves to the standards. Only those manufacturers will be able to establish their business domination in the country and the world.

In the food and dairy industries in the country, 10-15 thousand tons are being used for storage and transport. Railways are also constructing new developing passenger rail coaches using full stainless steel or most stainless steel. Complete stainless steel is being used in the metro.

The per capita graph of stainless steel consumption in India in the last year 2018-19 is 2.5 kg. Has been done which is good and there is a possibility of high consumption. Export in utensil industries has increased. At the same time, in the education sector, millions of tones of stainless steel will be used by the government order to use only stainless steel utensils in the process of cooking food for students in Anganwadi and Sarva Shiksha Abhiyan.

In this issue you will read how the use of stainless steel water bottle is increasing rapidly in India, which is showing that a new market is being created. There are immense possibilities of stainless steel production use and export in the country, the future is golden, the conscious, hard working, enterprising manufacturers will get immense success.

In this New Year your business flourishes well with its best wishes.

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