Will Adani’s arrival shake existing industry players?
As the billionaire eyes the metal industry, it will face competition from the existing players in the market, including Anil Agarwal-promoted Vedanta, Aditya Birla Group’s Hindalco Industries and Tata Group. Tata Steel is one of the leading steel manufacturers in the world. According to the smallcase report, Tata steel and JSW Steel are the biggest players with market capitalisation worth Rs 2,04,292 crore and Rs 2,11,648 crore.
