Made in Germany | New steel mills for India

The steel industry is heading into recession,but in India,one of its most important markets,there's no sign of declining demand. In August,the world's biggest steel-works builder,Germany's SMS Group,is delivering more high-tech components for a steel mill in India. In 2008,SMS signed a record number of contracts,worth more than 5 billion euros. Most of those contracts are in Asia.Our reporter Joachim Eggers joins the head of SMS's Asian division on a trip to Delhi and to the state of Orissa,where a new steel mill is being built. Together,they'll meet senior executives from Jindal Steel,one of India's most important producers. Why is India's steel industry doing so well during the economic crisis? And what opportunities does that offer for German business?

Category:

News & Politics

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• Welle
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• Deutschland
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• Information
• Made
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• Economics
• steal
• mill
• india
• Asia

[ericssson]

@viga1989 good for you

[viga1989]

@ericssson i am a girl !!!

[ericssson]

@viga1989 say the truth it's because you can get a girl for 3 $

[bessarabia7]

i worked for indians,, they eat even they shit from underthem...

[viga1989]

@jiimy21 ya long live..

i am german (east german)n i love india,been there for work n got many friends over there .i donno why but i think there is a special connection between our both countrys-although our countrys n culture is really diffrent

[amartinjoe]

Indians drive a hard bargain?

Indians are cheap. Period!

[jiimy21]

Long Live

Indian & German

 Business Relationship

[pananming]

Good informative video..India on The road to development..Cheers to my homeland..:)

[westonsz]

Nothing beats slave labor with no labor rules or pollution control. The environmentalist think things are bad now just wait till the all the work is located in places like this. It may destroy the planet in less than 100 years.

[tri400]

so cool! great videos!