Synergy Steels Celebrates India's Affordable Housing Surge, Paving the Way for Stainless Steel Demand
Dec 27, 2024
New Delhi [India], December 27: Synergy Steels, one of India's leading stainless-steel manufacturers, commends the remarkable growth forecast in the real estate and infrastructure development sectors. According to the joint report by The Confederation of Indian Industry (CII) and Knight Frank, India's urban centers are projected to require 22.2 million housing units, with 95.2% focused on the affordable housing segment. This demand is driven by urbanization and increasing employment possibilities. This helps promote a favorable environment for stainless steel to expand its base from the core areas of application into emerging ancillary areas such as construction and infrastructure development. These industries remain pivotal in driving demand for stainless steel, reinforcing its role in India's growth trajectory.
Read More...
