Rashtriya Ispat Nigam Limited, the corporate entity of Vishakhapatnam Steel Plant, is aiming to emerge as the country’s largest steel plant in a single location, according to Chairman-cum-Managing Director P Madhusudan. The public sector unit, which is investing Rs 12,300 crore in ramping up capacity to 6.3 mt from the existing 3 mt, has lined up a capex of Rs 1,500 crore while its internal cash generation would be around Rs 800 - Rs 1,000 crore this fiscal. It expects to fund the Rs 500-crore funding gap through borrowing. The August issue also explores India’s iron ore import rise as supplies get constricted and features a curtain raiser on the MMMM trade fair in September, while taking a look at India’s need for ‘future-ready’ cities.