After waiting for seven years, Posco asks Odisha govt to crack the whip

Seven years since it first proposed to put its beachhead in Odisha to set up a 12 million tonnes, Rs 52,000-crore greenfield steel plant, the South Korean steel giant Posco is changing tack. The world's third largest steelmaker is clearly diversifying its risks by setting up outposts in other states in India. Said Ho Chan Ryu, deputy managing director, Posco India, "in India, one should be flexible". 

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