Steel ministry is spearheading a Rs 500-crore public-private research and development project for indigenous technology to produce high value cold rolled grain oriented (CRGO), or electrical steels in India.

Electrical steels, used in manufacturing static motors such as transformers, are priced at nearly Rs 1.5 lakh per tonne —five times the value of hot rolled coils (HRC) that are used to make cars and consumer durables.Globally, only a clutch of companies have the capacity.

http://economictimes.indiatimes.com/industry/indl-goods/svs/steel/steel-ministry-to-produce-electrical-steels-in-india/articleshow/59369157.cms

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