Export duty is unfortunate. Why should people begrudge an industry or a company making profits? Tata Steel’s TV Narendran asks

“India should be a big producer of steel, India should be a big exporter of steel. Steel investments happen in some of the poorest parts of the country. We are blessed with iron ore. So this is the classic opportunity to make in India, for India and for the world. So the imposition of export duty is unfortunate. ”