According to our latest research report “Indian Steel Industry Outlook to 2012”, steel industry in India has successfully survived the global economic slowdown on the basis of strong domestic demand and government’s proactive support. A flurry of infrastructure projects, including proposed common-wealth games, countrywide housing developments and thriving automobile industry, has been continuously triggering steel demand in the country which is further poised to grow at a CAGR of 8.9% during FY 2010-FY 2013.
The report identified that per capita finished steel consumption in India is far less from its regional counterparts. In 2008, per capita finished steel consumption stood at an estimated volume of around 44 Kg. In coming years, this figure is anticipated to grow rapidly especially in urban areas of the country. This will translate fast development in the domestic steel industry, luring international steel giants to enter the market to tap lucrative growth opportunities.
The report is an outcome of extensive research and thorough analysis of the burgeoning steel industry in India, its components and supporting raw material market trends. The report also discusses the market structure, current and past market performance, and factors critical to the success of the Indian steel industry. We have also identified all the key players in the Competitor Analysis section of the report. The section talks about the business profile and strategic moves of the leading players operating in the sector.
Additionally, the report has an especial emphasize on the steel consumption trends in all prominent vertical industry segments, including infrastructure, manufacturing, construction and automobile. The evaluation provides sector wise steel industry developments and facilitates deep understanding on steel demand prospects in these sectors, enabling a balanced market understanding.
“Indian Steel Industry Outlook to 2012” has also given the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and prudent analysis of the Indian steel industry, and will prove decisive for the clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM182.htm
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About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
