The economy is suffering from low GDP growth and lack of demand in the economy. To revive the economy many economist are suggesting to go for the deficit financing and expend a lot on infrastructure projects. Government has also announced various infrastructure projects (6500 projects in Budget 2020) and more are expected to be announced. The macro factors are good for the Steel industry even though there are some concerns related to the low demand in the Automobile and Real estate sectors. Coming years are expected to be glory years for the steel industry. Please have a look and give your point of view. Your suggestions would be greatly appreciated.
Credits: Ashish Kumar Rathaur, Ankit Mittal
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