Union steel minister Virbhadra Singh said the government would soon set up a steel plant in Sirmaur district of Himachal Pradesh.
“A central team of experts will visit Nahan in the next two weeks and look for an appropriate place for setting up the plant in and around Nahan town,” Singh said here on Friday.
According to him, acquiring land would not be problem since a vacant government land at the now closed state-run Nahan foundry factory was available.
The steel ministry has already decided to set up a steel plant in Kandrori in Kangra district. “We are also exploring the possibilities of setting up more steel plants in Himachal. Due to non availability of raw iron ore only finished steel plants can come up in the hill state,” he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app