The Alloy Steel used to build this OPV (if they used High quality Ship plate Alloy Steel - that is), came from one of Steel Authority of India Limited's (SAIL) plants which is a Govt. enterprise in India. These specialized units are decades old, in serious need of BMRE (Balancing, Modernization, Rehabilitation, Enhancement), huge loss makers and very inefficient because they are quite old.
The amount of staggering losses made in these plants is not least because of competition from competitively priced Chinese alloy steel.
SAIL wanted to dis-invest themselves of these units but can't, because no company in the world would be berserk enough to invest in these inefficient enterprises. SAIL's losses are becoming more staggering by the day.
http://www.livemint.com/Companies/3...SAILs-Q1-net-loss-widen-to-Rs53492-crore.html
There are three plants like this as shown above. Take a look at the inside of the Durgapur Alloy Steel plant, the last one in the list. Somewhat dark, dank and depressing....
No wonder they want to sell it. But buyers aren't materializing.....
Meanwhile there are massive demonstrations against dis-investment.
Why yes, but models only, the first one is still being fitted out (Superstructure).