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Foreign trade between nations is very important. Commodities that cannot be produced at home can be obtained from other countries. According to latest WTO data, India's share in the world merchandise exports increased from 0.8 per cent in 2004 to 1.7 per cent in 2010. India also improved its ranking among the leading exporters in world merchandise trade from 30th in 2004 to 20th in 2010. The Indian exports value were just Rs.485 crores in the ...

Steel is one of the key industries in the national economy of any country. Indian Steel Industry plays a significant role in country's economic growth. Steel is used as a basic material in the manufacture of metal products, electrical machinery, transport equipment, railways, ships, communication links, textile and other machinery. Steel is vital to our everyday life. We depend on steel for housing and health.In view of the flourishing real es...