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19 May

India remains resilient amid decelerating global economy: JSW

Amid volatility in all major economies on the back of rising inflation, banking sector issues, and subdued manufacturing, the Indian economy remains resilient, says JSW Steel in a report seen by Kallanish. Indian steel demand grew 13.3% on-year to 119.86 million tonnes in the fiscal year ended 31 March 2023 (FY23), with healthy growth likely to continue in FY24, the firm adds. According to the steel company, the Indian economy is a bright spot in the decelerating…
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Sayed Aameer  |  India
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