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14 Sep
12:00

Government support could ensure India's post-pandemic recovery: EY

Indian steelmakers are pinning their hopes on a domestic demand revival. However, despite some post-Covid-19-lockdown improvement, end-use demand could remain subdued in the immediate future, with major government infrastructure projects delayed, according to EY. Data from the Centre for Monitoring Indian Economy shows that till end-June the number of stalled projects had gone up to 1,377 from 1,046 in December. The real estate sector is meanwhile witnessing a dem…
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