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Investor Presentaiton

Steel Industry Overview Notable trends in the Indian steel industry. Growing investment Strategic alliances Strong Growth Drivers 1 Fastest growing steel industry in the world. KRISHCA | India's steel production is around 120 Million MT per annum, the second-largest 2 producer of crude steel 3 | Entry of international companies 4 As per the Indian govt latest National steel policy aspires to achieve 300 Million MT of steel making capacity by 2030. This would translate into additional investment of 200 Billion USD by 2030-31. Demand for steel from different sectors will drive this industry. Increased emphasis on technological innovations 5 Expansion/ Technology Upgradation and New projects provides excellent platform for the supply of strapping machines & automatic packaging lines. 6| | Availability of low cost labor kept Indian medium and some large scale industries to stick with manual packaging methods. Vehicle Scrappage Policy to ₹ reduce steel prices Source: RHP, IBEF Investor Presentation 18
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