DELHI, INDIA — (Marketwire) — 03/23/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — India-s iron and steel industry is more than a century old, beginning when Tata Steel (BSE:500470) (Mumbai) set up its first integrated plant in 1907. Ever-increasing demand from various sectors such as infrastructure, real estate and automobiles has put India-s steel industry on the world map.
A rapid rise in production has helped India become the fourth-largest producer of crude steel and the largest producer of sponge iron in the world. As part of our , Industrial Info is tracking more than 400 steel projects in India, with a combined total investment value of more than $130 billion.
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