The Indian steel industry has been flourishing very fast and is one of the fastest-growing industries in the world. As per the records, it is the second largest steel producer in the world and has become the most favoured destination to look for steel products to meet the demand across the globe. It was not an easy task to attain a reputation and to provide world-class steel to the world. There has been a lot of hard work, governmental policies, technological development, and many other factors involved. All these have made the country not only self-sufficient with several stainless steel products manufacturers in India, which are capable of fulfilling the domestic consumption along with the import requirements of various other countries successfully. Let us dive deep and learn more about various aspects to make India a leading destination for stainless steel products manufacturing!! Read on!!
Geographical location
It is an important factor as India is rich in iron ore deposits along with the availability of cheap labour, this makes India the preferred destination to get stainless steel products manufactured at low cost and without scarcity of raw materials. Plenty of raw material ensures timely production without delay.
Skilled workforce
The initiative of the government in terms of developing a skilled workforce for the growth of Indian industries is commendable. Through PMKVY, NAPS, etc. India now has a large pool of skilled and highly confident workforce to face all the challenges successfully. This is one of the main attractions for the world to look at India as a preferred location to fulfil their project needs effectively with low-cost efficient manpower.
Government policies
Moreover, the Indian government is encouraging global business houses to come and use resources for the growth of the country. Thus, with the reduced restrictions related to steel, it has become convenient to get steel products manufactured in India. Relaxation in Foreign trade policies and foreign direct investment is highly responsible for the success of the Indian steel industry and the whole world is looking at it as a favourite destination for steel needs. The govt. has also reduced import duties on various products to encourage the world to work in India. Moreover, the ‘Make In India’ initiative is also a huge success with the flexibility of accomplishing projects with Indian resources in an economical manner and with utmost perfection.
So if you are also exploring the Indian Market to fulfil your requirements for stainless steel products, join hands with Viraj Profile Pvt. Ltd. the topmost stainless steel flanges manufacturer in India. With more than 26 years in the stainless steel products manufacturing industry, VIRAJ has a worldwide presence, serving 1300 customers in 96 countries. Our robust process of manufacturing a variety of stainless steel flanges and other stainless steel products including a variety of wire rods, wires, welding wires, flanges, fasteners, bright bars, and other kinds of profiles ensures superior quality to match global quality standards. Connect with us and let us help you choose what suits your needs. Trust reliability, and trust VIRAJ Steel to build your dream project!! Explore the website now to check out our range of products!!