 "Essar Steel develops special steel grades for defence applications")
Essar Steel has forayed into the high growth defence manufacturing sector by developing steel grades which find applications in land and naval defence. The estimated expenditure in defence sector is projected at over $200 billion over the next five years.
The company has developed several products which are import substitutes as well as innovated to develop indigenous armour plate for ballistic protection.
Essar Steel's import substitute products have been used in the construction of advanced naval destroyers, offshore patrol vessels and floating docks. They also provide ballistic protection to combat vehicles and battle tanks. In addition, Essar Steel products are used in
