Price: $ 1295
BMI View: India is set to become a major consumer of metals over the coming years as the government makes pertinent efforts to improve the level of infrastructure in the country. That said, major roadblocks concerning institutional weaknesses will continue to hinder growth in the metals industry. We expect India to become a major consumer of metals over the coming years as the growing affluence of the local population spurs spending on housing and white goods, while the government makes pertinent efforts to improve the level of infrastructure in the country. Although other economies in Asia will continue to experience lacklustre growth in steel production, we believe India is on track to become a steel powerhouse over the coming years. ...
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