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Steel COs abroad must Not Miss Prospects in India, says Indian PM
Tuesday, March 27, 2007

Non Resident Indians (NRIs) have emerged as a driving force in taking the Indian economy to new highs. Considering the same fact, Indian politicians are jostling hard to keep the foreign exchanges in the country for their own welfare.

Prime Minister, Manmohan Singh has asked the steel giants, Lakshmi Narayan Mittal and the Tatas not to overlook prospects in India. He also assured them to offer all the required assistance in meeting the rising domestic demand.

Both the giant conglomerates are focusing on global opportunities to also make investments in India. India has certainly has become a common hunting ground for the companies to reap large profits.

Most Indian steel companies are set to spread their horizons to establish a substantial presence in international market. This clearly shows the increased momentum of the steel industry in the country. Indian government is willing to extend every possible help the industries need to meet the growing steel demand.

However, the communists go further up the ladder and envision killing the interests of common man in China to earn American Dollars and Euros.

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