Indian steel mills miss investment targets due to China-related delays

India's major steelmakers missed their investment target for the fiscal year to March 2024 due to a delay in obtaining visas for Chinese operators. Under a production-linked incentive program launched in 2020, 27 steelmakers including JSW Steel Ltd, Tata Steel Ltd and ArcelorMittal Nippon Steel Ltd signed 57 agreements with the government, promising to invest […]