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NMDC Board meetings, page-58

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    I hope NMDC and NLC see ECT as a link to plugging their RnD problem on Indian steel...
    http://www.newindianexpress.com/business/2019/apr/18/rd-is-the-weak-link-in-the-indian-steel-industry-1965685.html

    "With research and development remaining the weak link in India’s steel industry, The Morning Standard’s Sesa Sen caught up with Mukesh Kumar, director of the Steel Research and Technology Mission of India (SRTMI) to find out what ails innovation in the sector and what needs to be done. Excerpts:
    R&D spends in India are very low. Why so?
    R&D and innovations are the weak link in steel industry in India and that is one of the primary reason why the Steel Research and Technology Mission of India (SRTMI) was formed last year. In the last two years, we identified that a paucity of ideas for research, and not funds is responsible for low spends on R&D. Private firms have spent relatively more than public sector steel firms which were on an expansion spree."
 
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