Corrosion leads to losses worth USD 110 billion in India annually: ISSDA

Losses worth USD 110 billion occur every year in India due to corrosion in projects across sectors, industry body ISSDA said on Friday. As India moves towards a USD 5 trillion economy goal, dealing with a challenge like corrosion in projects should be a key focus area, Rajamani Krishnamurti, president of Indian Stainless Steel Development Association (ISSDA) said.

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