Hello, I need a sector update and 5 bullet points for the sector \"industrials\"

Question

Hello, I need a sector update and 5 bullet points for the sector "industrials" which deals with various companies. The sector includes companies that provide industrial and commercial equipment and services, transportation, and distribution operations. From construction and farming machinery to airlines, railroads, and waste management, the industrials sector has a broad range of end markets and beneficiaries. Please i just need an update with 5 relevant bullet points and recent news in the sector.

Explanation / Answer

Tata Steel has taken a step as an agreement to acquire Usha Martin. Jamshedpur steel plant with a vision for long term growth for Steel products manufacturing in India and become the largest player in the country. Also it will help Tata to grow in automotive and engineering segment due to existing competencies of Usha Martin.

Tata Steel is following the strategy of growth and expansion by acquiring it’s competitor firms. Recently it acquired Bhushan Steel, Mumbai.

Bullet Points:

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