Wednesday, October 18, 2006

STRIKING THE IRON When It’s Hot

SAIL IS ON THE THRESHOLD OF EXCITING OPPORTUNITIES
“There’s a little bit of steel in everyone’s life!” Just like the catch phrase goes, SAIL has ensured its presence into everyone’s life. It is the 15th largest producer of steel in the world and stands tall and mighty amongst the top ten public sector companies of India. The performance of its Bhilai Steel Plant (BSP), in particular, has been astounding, which received the Prime Minister’s trophy for the best steel plant in the country (seven times out of the thirteen that the trophy has been awarded till date). Of late, players like Tatas and Jindals and others have made life a bit rusty for SAIL, but the company continues to sit pretty on a market share of 30%. While the sector is poised to grow at a healthy rate of 10%, good times lie ahead for the company, since SAIL, being the largest steel producer in India, will be the biggest beneficiary of this growth. Despite all this, troubled waters are sprinkling around SAIL.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006


More IIPM-News:-
IIPM MANAGEMENT INSTITUTE
News At Work (continued alongside) : IIPM
IIPM : WHAT’S SECURITISATION?
IIPM Students Life > Campus Placement
IIPM Students Life > Campus Placement

No comments: