It is essential for nations to understand industry needs market capital for building companies and causing employment at grass root levels from labour to contractors, skillful people to highly educated researchers.
Iron and Steel in metals and minerals is one most important sector for development and access to sound market capital for building core assets which will match their liabilities and make happen all that is needed to the developing nations as India.
A study of Nifty-50 of Indian stock market gives you a picture of $2.2 Trillion total liabilities of these 50 Indian companies that have been helpful creating equal assets for India and total revenue from these are $652 Billion in 2019-2020. Catching pace with our growth plans needs further unlocking of assets and monetising them for buidling a brighter India in this decade.
Iron and Steel in Metals and Minerals sector needs a key focus as thats the core business in Indian Industry which contributes 100% to all downstream industry from Construction, Infrastructure, Automobile, Power, Railways, Telecom and all services infact including personal finance, finally to Information and Technology under challenges of 4.0 and ITES .,
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