Industry leader JSW Steel faces a challenger in ArcelorMittal Nippon Steel India. With both companies drawing up ambitious plans to expand capacity, a battle looms.
In the heat and dust of India’s steel plants running at full tilt amid a bull run in prices, an anticipation is building of a fight as hot as the molten metal. It’s a tussle in a market that is already the second largest in the world, and is expected to grow by nearly three times in the next 10 years. At stake is one crown. In the fray are two entrepreneurs and their legacies.
On one side is Sajjan Jindal, chairman and managing director of JSW Steel, who finally seems to have opened up a decisive lead over Tata …
Prince leads the newsroom at The Morning Context as managing editor. A fascination with the written word has taken Prince to some of the leading newsrooms across the country, including The Economic Times, Dow Jones Newswires, Forbes India and Moneycontrol. In a career spanning 20 years, Prince has led teams, managed pages, projects and special editions, and has authored The Consolidators, published by Penguin Random House in 2017.
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