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HDK Says There Is No Plan To Privatize Vizag Steel Plant
The New Indian Express Bengaluru
|January 31, 2025
The Union Government has no plans to privatize Visakhapatnam Steel Plant, and is committed to reviving it, said Union Minister for Steel and Heavy Industries HD Kumaraswamy, during his first visit to VSP after the announcement of ₹11,440 crore revival package.
Kumaraswamy, accompanied by Bhupathiraju Srinivasa Varma, Union Minister of State for Steel and Heavy Industries, addressed the VSP workforce and other key officials at the steel plant on Thursday. He emphasized that the government had no intentions of privatizing VSP, underscoring the efforts to revitalize the plant, and achieve a significant production boost. "Our goal is to bring RINL to the number one position in the country," he said, expressing confidence in the
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