Billionaire industrialist Gautam Adani’s infrastructure conglomerate and South Korea’s Posco have inked a $5-billion (nearly Rs 37,000-crore) pact for setting up an integrated steel complex in the former’s home state of Gujarat. This would put the Adani Group in direct competition with Tata Steel, JSW Steel and ArcelorMittal Nippon Steel.

Leave a Reply

Your email address will not be published. Required fields are marked *