SAIL, Indonesian firm to explore JV
New Delhi, SAIL and Indonesia-based PT Krakatau Steel will explore setting up a joint venture for manufacturing of stainless steel slabs, to support the commodity's increasing demand in India.A memorandum of understanding (MoU) to this effect was announced during high-level engagements between the two countries as part of Prime Minister Narendra Modi's visit to Indonesia from July 6-8, SAIL said in a statement on Wednesday.While Indonesia offers access to one of the world's richest reserves of …


