SAIL's $800 Million Rail Mill Investment: A Bold Move

  • SAIL Investment: $800 million for a new rail mill.
  • No Confirmed Orders: Indian Railways hasn't committed long-term.
  • Confidence in Growth: Based on government infrastructure policies.
  • Current Production: Rails (Bhilai) & forged wheels (Durgapur).
  • Strategic Move: Betting on future rail demand despite uncertainty.

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