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Essar Steel to increase its international path

Monday, May 11, 2009 12:18 pm
By ShareGyan.com NewsDesk

Essar Steel plans to expand its international existence by introducing fresh outlets globally as well as in the Indian market.

The firm resolves to launch latest hypermarkets in Indonesia and other South Asian countries in the subsequent 3 years by allocating Rs.300 crore to extend its global existence to 40 outlets.

These hypermarkets will offer all steel goods at clear costs and with guaranteed quality under the sole roof by focusing chiefly to small and medium endeavors. The outlets will also sell customized steel goods.

Besides, Essar Steel resolves to introduce 108 fresh outlets in the country over the upcoming 3 years to take its entire count to 175 outlets in Indian markets.

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