Shri Dharmendra Pradhan holds discussions with the top steel producers of Japan - Sarkari Naukri Sms

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Saturday, October 26, 2019

Shri Dharmendra Pradhan holds discussions with the top steel producers of Japan

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan on his Japan visit held discussions with the top steel producers of the country.  The Minister highlighted the investor-friendly steps taken by India recently like reduction in corporate tax, bettering Rank in Ease of doing business, tax incentives for new companies, and new investment. He called upon the Japanese Steel industry to be part of the growing Indian story. Japan’s one of the largest Steel manufactures. JFE also has a robust research division involved in research and development of innovative technologies for the Steel industry in an environment-friendly way. JFE has a long association with Indian Steel Sector and is keen to expand its presence in India. The JFE VP that India is one of the best investment destinations with a large market, rising demand, and a highly supportive business environment. He invited JFE to expand its footprint in India. About Nippon  Nippon is amongst the largest steelmakers in the world, providing products for the construction sector, automobiles industry, locomotives, and shipbuilding. India has the largest market with a growing economy and steel consumption. Nippon is enthusiastic about expanding its investments in India. Make in India initiative of the Modi Government and participate in India’s growth story.

from Current Affairs 2019 for Competitive Exams Current Affairs Today Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan on his Japan visit held discussions with the top steel producers of the country.  The Minister highlighted the investor-friendly steps taken by India recently like reduction in corporate tax, bettering Rank in Ease of doing business, tax incentives for new companies, and new investment. He called upon the Japanese Steel industry to be part of the growing Indian story. Japan’s one of the largest Steel manufactures. JFE also has a robust research division involved in research and development of innovative technologies for the Steel industry in an environment-friendly way. JFE has a long association with Indian Steel Sector and is keen to expand its presence in India. The JFE VP that India is one of the best investment destinations with a large market, rising demand, and a highly supportive business environment. He invited JFE to expand its footprint in India. About Nippon  Nippon is amongst the largest steelmakers in the world, providing products for the construction sector, automobiles industry, locomotives, and shipbuilding. India has the largest market with a growing economy and steel consumption. Nippon is enthusiastic about expanding its investments in India. Make in India initiative of the Modi Government and participate in India’s growth story. https://ift.tt/2Ne6gmp

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