18. Average growth rate of more than 10% CAGR in output in the last five years Market growth 37%
19. ESSAR steel Need of the hour: Modernization, Expansion High R&D investment is required for this SBU for continuous innovation leading to improvement in quality. AEGIS Need of the hour: Global expansion to low cost workforce countries like, for example, African countries. Set up cost is required as it will have to open new offices abroad. Both the investment can be financed by the huge revenue expected to get generated from Vodafone.