Edited excerpts:
You entered the steel sector with the Electrosteel acquisition four years ago. But you are now looking to sell it. What led to this decision?
We have not arrived at a decision. In any business, I tell my CEOs that we have to be in the top three. We have to have a vision. Increase the capacity because we are in a beautiful state, Jharkhand, which is my home state.
But it has to have world-class capacity, and cannot be a small plant. We have a capacity of about 3 million tonnes (mt)... we are contemplating. We have to take it to 15-20 mt. We are either in that business or we are not.
So, you will either take the capacity to 15-20 mt or you will not be in it?
I have never sold any business. This is the plan...at the moment we are looking to expand this capacity.
Bu hikaye Business Standard dergisinin December 02, 2022 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin December 02, 2022 sayısından alınmıştır.
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