It also said that Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv Ltd, is now the President-designate of the chamber for 2021-22. Further Pawan Munjal, Chairman, and Chief Executive Officer, Hero MotoCorp Ltd., takes over as CII Vice President for 2021-22, it added.
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Read more about Surging steel prices not to affect domestic demand says Tata Steel CEO on Business Standard. The rising prices of steel which is widely used in sectors like construction, auto, etc will not affect the demand in the domestic market, Tata Steel CEO and Managing Director T V Narendran has said.
Surging steel prices not to affect domestic demand: Tata Steel CEO
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Last Updated: May 16, 2021, 11:23 AM IST
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The CEO further said if one takes a look at the prices of hot rolled coil in the US, it is at USD 1,500/ tonne, in Europe it s close to 1,000 euros per tonne. So, I think the steel users in India have the best available prices in the world.
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Tata Steel CEO and Managing Director T V Narendran
The rising prices of steel which is widely used in sectors like construction, auto, consumer goods, etc will not affect the demand in the domestic market,
Industrialised states like Maharashtra, Gujarat and Delhi have been the most affected in the second Covid wave, resulting in large-scale migration of labour and posing a bumpy road ahead for businesses