Jaipur, Feb 3. Mr Arun Mishra, Chief Executive Officer, Hindustan Zinc said on the general budget that the growth-oriented and CAPEX-focussed Budget 2022 will boost the development of the economy at a higher rate post-pandemic.
The demand for zinc is set to go up 6.2% annually, with a steady rise in usage of galvanised steel by various sectors, especially the railways that have been consuming about 18%. Overall infrastructure growth and defence research and development (R&D) will only increase the need for metals in manufacturing specialised high-grade equipment under the 'Atmanirbhar Bharat' vision. With the rise in demand for the usage of galvanised steel, the demand for zinc is likely to rise as a consequence. India is on the cusp of a major metals revolution, and this budget is set to make that happen,
