| |MARCH 20205Steel being the spine of structures is one of the primary recipients of demand rubbed off from growth in infrastructure development. The global TMT Steel Bar market is expected to grow at a CAGR of more than 8 percent till 2023. The Indian steel industry is thriving with state-of-the-art steel mills, and is undergoing continual modernization and up-gradation to achieve higher energy efficiency levels. As a result, the steel industry and its associated mining and metallurgy sectors are witnessing an increasing number of investments and developments lately. If we look at a report by Department for Promotion of Industry and Internal Trade (DPIIT), it shows that in the period of April 2000 to June 2019, the Indian metallurgical industries had Foreign Direct Investments (FDI) coming in up to US$ 11.38 billion. Adding to this impetus is the Government's focus on infrastructure and road projects, which in turn is furthering the demand for steel. In addition, the expected acceleration in rural economy and infrastructure is promising for even more growth in demand for steel. With increase in demand for low cost reinforcement bars in construction projects, there has been an uptick in the growth of global TMT steel bars market. Moreover, the much needed government support for the production of steel and coal is propelling the TMT steel bars market further. As these have high strength and ductility, the demand for global TMT steel bars is manifest. Looking to tap into this market, many manufacturers of TMT bars have ventured into this segment and are vying for their market share. To bring this issue to fruition, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising TMT Iron and Steel Companies in India who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies stand out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comThe Underlying Reinforcer Vol 1 · Issue 3 · March 09, 2020 Publisher Alok ChaturvediManaging Editor Nandini MukherjeeEditorSudhakar Singh Editorial Team Janifha Evangeline Teja Boncheruvu Hrikamal Roy Monica Pallavi J Art & Graphics Ashok Kumar Mohana Krishnan Sales & MarketingIndranil Chakrabortysales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2020 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.India's Largest Digital OOH Network @ ST Bus StationsReach 7 States, 450+ Small towns9561068555enquiry@vritti.co.in | vritti.co.in/vrittiimedia |join us at:Karnataka | Maharashtra | Rajasthan | Goa | Punjab | Himachal Pradesh | HaryanaREACH 10 MILLIONCONSUMERS@ LESS THANPER PERSON
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