Written on January 23, 2010 at 5:28 am by Editor

Tata Steel, NMDC Join Hands

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Tata

Tata

Tata Steel has entered into a grand pact with public sector NMDC Ltd that brings within its sweep a wide range of activities — from building steel plants and setting up iron ore beneficiation units in India to scouting for mines both within and outside the country.

Moreover, the combined strengths of India’s No. 2 steel producer and No. 1 iron ore company could scythe through the seemingly insurmountable problems, such as acquiring land, that dog any large project in the country.

(Telegraph)

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