If India were to build 100 MT of steel capacity in the next decade, about $ 25-30 billion worth of capital goods would have to be procured. Today, most of this is ordered from Europe, USA, Japan, S Korea or China.
From the special article on Steel by T V Narendran, CEO & MD, Tata Steel.
Such special articles by 25 other such experts on the theme India 2030 will appear in the IE Golden Jubilee commemorative issue to be released on 15 March 2018.