While the global crisis may not have hit the companies in India and Asia as hard as others in the West, yet the crisis has been felt by all.
Biswadip Gupta, Jt Managing Director and CEO, JSW Steel, said, “Last year steel was a great word but from mid-October last year the demand went off. This time the crisis has led to a crash of confidence and trust of people and this needs to be corrected,” added Gupta.
What’s important, he stressed, was to be more innovative during such times.
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