Essar Steel enters into defence manufacturing sector
Saturday, March 4, 2017, 6:15 PM
Essar Steel has entered into the high-growth defence manufacturing sector, by developing steel grades which find application in land and naval defence. Essar has developed several products which are import substitutes as well as innovated to develop indigenous armour plate for ballistic protection. The estimated expenditure in defence sector is over USD 200 billion over the next five years.