India Signs $5 bn-worth Of Pacts To Give Impetus To Iron And Steel Industry

Thirty-eight pacts worth $5 billion were signed among 20 technology providers, capital goods manufacturers and steel producers, which will give impetus to the manufacturing of capital goods for the iron and steel industry. Of the 20 companies who exchanged the MoUs, about 12 are foreign players.
The MoUs were signed at a conclave on Capital Goods for Steel Sector, manufacture in India, organised by Confederation of Indian Industry (CII) jointly with Mecon and Steel Ministry.
Source- Business-Standard