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    Made in Germany | New steel mills for India

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    DW (English)

    von DW (English)

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    The steel industry is heading into recession,but in India,one of its most important markets,there's no sign of declining demand. In August,the world's biggest steel-works builder,Germany's SMS Group,is delivering more high-tech components for a steel mill in India. In 2008,SMS signed a record number of contracts,worth more than 5 billion euros. Most of those contracts are in Asia.Our reporter Joachim Eggers joins the head of SMS's Asian division on a trip to Delhi and to the state of Orissa,where a new steel mill is being built. Together,they'll meet senior executives from Jindal Steel,one of India's most important producers. Why is India's steel industry doing so well during the economic crisis? And what opportunities does that offer for German business?