India's steel exports to reach $2.7 billion in 2003-04

India’s steel exports to reach $2.7 billion in 2003-04

In 2003-04 fiscal, Indian steelmakers SAIL, Tata Steel, Jindal Steel, Essar, Indian Iron Steel, Bhushan Steel and Uttam Steel are expected to post exports of $2.7 billion with an increase of 20% compared to the previous fiscal. India's total exports under Engineering Export Promotion Council (EEPC), is forecasted to surpass its target of $8.5 billion and to reach $9 billion in 2003-04 fiscal. This figure was $8 billion in 2002-03 fiscal.