W
ith so much happening in the Steel sector, the Government is very optimistic about the sector and is hoping that India will take on the tag of the world’s second largest steel producer as soon as 2016, with its production capacity increasing three-folds to 120 Million Tonne (MT). In the National Steel Policy, the Government had projected that India would churn out 65 million tonne steel by 2010-11, however, the figure has now been pegged at 80 MT. Currently, India stands at the seventh position, producing 44 MT of alloy while China continues to lead followed by Japan and US.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
though with positive tinges, to 4Ps B&M, “We cannot expect infrastructure to be put up overnight but the pace of progress at Delhi and Mumbai and the planned upgradation in over 30 more airports is very encouraging.” The government, no doubt, has to support phenomenally in hiving up in- vestments in airports development and modernisation. But beyond that, airlines need a clear focus on growing the total market pie rather than increasing hold over already established hubs. Sectoral players have to understand that despite there being vigorous growth in the sector, they are losing height... and fast! And while on one hand the players (especially the LCCs) are foolishly blaming escalation in operating costs and fuel prices as being the major culprits for their sad state, the reality is that till the time airlines ‘right-size’ their operations and fleet sizes (instead of inanely expanding), airline corporations being closed down overnight is a red-alert reality. All ego work, and no fair play, makes Jack a dull – and dead – boy. Airlinershave to realise that there is good news and there is bad news. If they risibly continue doing what they are at the moment, there will be no news one day... Ouch!