Visakhapatnam Steel Plant (Vizag Steel) is an advanced steel producer in India with the help of German and Soviet technology. Its products have been rated the best in the world market. The company has grown from a loss-making industry to 3-billion-dollar turnover company registering a growth of 203.6% in just four years. Vizag Steel Plant was conferred Navratna status on 17 November 2010.

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