What is so special about the steel manufacturing companies in india?

The steel production industry is one of the most important heavy industries of India. In the last decade, India has successfully gained the position of being the 2nd largest producer of steel in the world. The steel industry has made great contributions behind the sustenance of Indian economy and the government of the nation is constantly trying to boost the industry’s health. Although the fundamental policies for steel production, domestic and overseas distribution are formulated by the central ministry for steel, the private manufacturing sector has been provided a lot of free will to manage their own production and sales volume. As a result, a number of good steel brands have emerged in the country. 


Some of these brands have been successful in making a good name for themselves in the market with the help of innovation. Worthy of mention in this regard is Tata Steel, which can be considered the most trusted brand for steel among other steel companies in India. Tata Steel has branded a lot of steel variants which are used widely in the construction industry. There are a number of steel brands which are gradually developing international fame and reputation. Now, what is it that which makes Indian steel brands so competent in the international market? To know this, we would be required to check out a few characteristics of Indian steel.


  1. Indian steel is highly ductile


The quality of crude iron available in Indian mines is just perfect to produce steel which is highly ductile. There is a huge demand of ductile steel in the industry which manufactures electrical appliances. Owing to this, steel manufacturing companies in india have an advantage of supplying the best steel to European electrical companies.


  1. Steel variants of India are product of elaborate research


It is a known fact that crude iron is mined in abundance in India and at the same time, the cost of labour is quite low in the country. So, the steel companies in India can manage their budget in such a way that they can invest adequately in research and development. Besides, research on steel and other metals is categorically done in the technical universities of the country. This is exactly the reason why India has been successful in inventing several novel variants of steel which are good for different uses. Different brands have made sets of these variants and increased their competitive advantage and focus on producing the best product.


  1. Steel undergoes stringent quality control test


This is an aspect of steel production which all the steel manufacturing companies in India should be proud of. The steel companies make it a point that all produced steel undergoes quality control test so that only the best quality product can be put out in the market.

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