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Riding high on the resurgent economy and rising demand, the Indian steel industry has entered into a new development stage from 2005-06, with an average growth rate of 12 per cent per annum in steel output, for the last two years. As India surges ahead, catapulting its industry to new economic heights, employment growth in this industry has reached its peak. The total employment in the industry is more than two million (including direct and indirect employment).

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