It takes 8-10 years for a selection process to be carried through while the defence services wait. Indeed, in the end, there may be no acquisition at all.
The disruptions in supply chains, rising shipping costs, and shortages of critical components could trigger a global supply shock, throwing economies into chaos and recession.
Project will eventually produce 18 MMT of steel annually, while providing direct & indirect employment to a lakh people. 'We're creating a steel city,' says CM Naidu.
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