Kanan Shah, steel analyst, 
Networth Stock, averred, “They are aiming at the production of 15 MMT by 2010 from 5 MMT presently. Also, the company has started ensuring availability of raw material supplies before going for expansion.” Indeed, ensuring raw material supply is of critical importance when there is a resource crunch. By 2015, the company plans to have a war chest of 30 MMT. Even SAIL is feeling the heat of the consolidation boiler. Medium-sized players like Jindal, Essar, Ispat and others have also announced more than Rs.300 billion for expansions. The plans look good, but are Indian players also playing the consolidation tune? The answer is yes, but consolidation is happening at a very slow pace currently. A case in point is the dragon zone, where the Indian players have a miniscule presence.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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Networth Stock, averred, “They are aiming at the production of 15 MMT by 2010 from 5 MMT presently. Also, the company has started ensuring availability of raw material supplies before going for expansion.” Indeed, ensuring raw material supply is of critical importance when there is a resource crunch. By 2015, the company plans to have a war chest of 30 MMT. Even SAIL is feeling the heat of the consolidation boiler. Medium-sized players like Jindal, Essar, Ispat and others have also announced more than Rs.300 billion for expansions. The plans look good, but are Indian players also playing the consolidation tune? The answer is yes, but consolidation is happening at a very slow pace currently. A case in point is the dragon zone, where the Indian players have a miniscule presence.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
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