SAIL VISL Unit Sets Goal for Enhanced Market Share
10/06/2011 - Visvesvaraya Iron and Steel Plant (VISL), a unit of Maharatna Steel Authority of India Ltd. (SAIL), is targeting about a 9% share in the Alloys and Special Steels' market in the coming years.
Visvesvaraya Iron and Steel Plant (VISL), a unit of Maharatna Steel Authority of India Ltd. (SAIL), is targeting about a 9% share in the Alloys and Special Steels' market in the coming years.
SAIL Chairman C.S. Verma, on a recent visit to the unit, shared a multi-pronged strategy put into action for VISL. Under short-term measures, without much capital investments, the deficiencies in the operations would be eliminated, providing a fillip to the plant, he said. Under long-term measures, the company plans to build proper capacity to work at full efficiency.
Regarding marketing of VISL products through the Central Marketing Organization, Verma informed the unit that the office order had already been issued. Raw materials already are being supplied by RMD to VISL.
VISL, an alloy and special steel unit of SAIL, is supplying alloy and special steels to strategic sectors like Defense, Railways, and Automobile Sectors.