Posco exits Karnataka, left with two steel projects in India
Korean steel giant is fed up over delay in land acquisition
South Korean steel giant Posco has called off its decision to invest Rs 32,300 crore to set up a six-million-tonne-per-annum steel plant in Karnataka. The decision follows prolonged delay in the acquisition of land by the state government at Halligudi, in Gadag district.
Publication Date:
17/07/2013