Jamshedpur : Tata Steel CEO and Managing Director, T V Narendran has said that India is the fastest growing economy of the world and the next three decades would be important for the nation on the development front.
In the last four decades, China had grown very fast and the next 30 to 40 years are very important for India which is the fastest growing economy of the world, Narendran said.
He was addressing members of Singhbhum Chambers of Commerce and Industry (SCCI) here on February 6.
“Currently, China is the largest steel producing country in the world and India comes next. The Steel sector is facing global challenges and we have to move forward keeping in mind the steel prices,” the Tata Steel MD added.