INDUSTRIAL PRODUCT STRATEGIES AND POLICIES

Presented By:

Abhishek Singh (MC1101)

Ankit Singh (MB1105) Ankur Hiyania (MC1106) Manoj Soni (MC1130) Sanjeet Kumar (MC1140)

MAIN POINTS :

Introduction of Industry & Company profile? What is Strategies ?

Strategies of SAIL.
What is Policies ? Policies of SAIL.

INTRODUCTION OF INDUSTRY & COMPANY PROFILE?

In 2011 India became the fourth largest steel-producing nation in the world with production of over 74 million tonnes. Being a core sector, steel industry tracks the overall economic growth in the long term. Also, steel demand, being derived from other sectors like automobiles, consumer durables and infrastructure, its fortune is dependent on the growth of these user industries. The Indian steel sector enjoys advantages of domestic availability of raw materials and cheap labour. Iron ore is also available in abundant quantities. There are so many company in India for steel but few are known Globaly.

MAJOR STEEL COMPANIES :

Steel Authority of India Limited. Tata Steels Jindal Steel and Power. Ispat Industry Limited.

Ministry of Steel.
POSCO India.

STEEL AUTHORITY OF INDIA LIMITED

(SAIL) is one of the largest state-owned steel -making company based in New Delhi, India.

With a turnover of 48,681 crore (US$8.86 billion), the company is among the top five highest profit earning corporates of the country.
With an annual production of 13.5 million metric tons, SAIL is the 14th largest steel producer in the world. SAIL is one of India's fastest growing Public Sector Units. it has R&D centre for Iron & Steel (RDCIS), Centre for Engineering and Technology (CET), Management Training Institute (MTI) and SAIL Safety Organization (SSO) located at Ranchi capital of Jharkhand.

SAIL PLANTS:

Rourkela Steel Plant (RSP) in Orissa set up with German collaboration (The first integrated steel plant in the Public Sector in India, 1959) Bhilai Steel Plant (BSP) in Chhattisgarh set up with Soviet collaboration (1959) Durgapur Steel Plant (DSP) at Durgapur, West Bengal set up with British collaboration (1965) Bokaro Steel Plant (BSL) in Jharkhand (1965) set up with Soviet collaboration IISCO Steel Plant (ISP) at Burnpur, West Bengal

WHAT IS STRATEGIES?????????

A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem. Strategy, as a way of action, becomes necessary in a situation when, for the direct achievement of the main goal, the available resources are not enough. The task of strategy is an efficient use of the available resources for the achievement of the main goal.

STRATEGIES OF SAIL.

Fixed Price Sale. Customer feedback.

ISO activities.
Product development. By Tendor.

WHAT IS POLICY??????????????

A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters The set of basic principles and associated guidelines, formulated and enforced by the governing body of an organization, to direct and limit its actions in pursuit of long-term goals

POLICIES OF SAIL

Adherence to a quality assurance management system. Adequate up gradation of knowledge and skills. Achieving customer satisfaction in case of quality and schedule. Discount policies. Pricing policies.