#Jamshedpur infrastructure improvement

[townpostin]

High-Level Meeting Scheduled to Discuss Jamshedpur Water Supply

Chief Secretary to convene talks on direct water provision from Chandil Dam MLA Saryu Roy proposes solutions to address drinking water quality concerns. JAMSHEDPUR – A high-level meeting has been scheduled for July 2 to discuss the possibility of supplying drinking water directly from Chandil Dam to Jamshedpur and its surrounding areas. The meeting, convened by the Chief Secretary, will include…

[cloudmistri1]

Unveiling The Architectural Gems Of Jamshedpur: Cloudmistri.Com

Introduction

Jamshedpur, often referred to as the Steel City of India, is not just an industrial hub but also a city that boasts a unique blend of modern architecture and traditional design. With its rapid urbanization and infrastructural development, the demand for skilled architects and Architectural Designer in Jamshedpur has seen a significant rise. Cloudmistri.com, based in Italy, stands at the forefront of this architectural revolution, bringing innovative design solutions and world-class expertise to Jamshedpur.

The Role of an Architect in Jamshedpur

Architects play a crucial role in shaping the urban landscape of Jamshedpur. Their expertise goes beyond merely creating blueprints for buildings. They are visionaries who understand the intricacies of designing structures that are not only aesthetically pleasing but also functional, sustainable, and harmonious with the environment.

1. Urban Planning and Development

In a city like Jamshedpur, where space is a premium commodity, architects from Cloudmistri.com excel in urban planning and development. They meticulously plan the layout of residential, commercial, and industrial zones to ensure optimal use of space. This strategic planning helps in reducing congestion, improving transportation networks, and enhancing the overall quality of life for the residents.

2. Sustainable Architecture

Sustainability is at the core of modern architectural practices. Cloudmistri.com's Architect in Jamshedpur are well-versed in green building techniques and eco-friendly designs. They incorporate sustainable materials, energy-efficient systems, and innovative technologies to create buildings that minimize environmental impact. From rainwater harvesting systems to solar panels, these architects are committed to promoting sustainability in every project they undertake.

3. Cultural Sensitivity

Jamshedpur is a city with a rich cultural heritage. Architects from Cloudmistri.com understand the importance of preserving this heritage while designing modern structures. They seamlessly blend traditional architectural elements with contemporary designs, creating spaces that reflect the city’s cultural identity. Whether it’s a residential building or a commercial complex, their designs pay homage to the local culture and history.

The Expertise of Architectural Designers in Jamshedpur

While architects focus on the structural aspects of a building, architectural designers bring the creative vision to life. Cloudmistri.com’s team of architectural designers in Jamshedpur excels in creating innovative and visually stunning designs that cater to the diverse needs of their clients.

1. Residential Design

Architectural designers from Cloudmistri.com specialize in creating beautiful and functional living spaces. They work closely with clients to understand their preferences, lifestyle, and budget, translating these into customized home designs. Whether it’s a cozy apartment or a luxurious villa, their designs prioritize comfort, functionality, and aesthetic appeal.

2. Commercial Design

In the commercial sector, architectural designers play a pivotal role in designing spaces that enhance productivity and create a positive work environment. From office buildings to retail spaces, Cloudmistri.com’s designers focus on creating layouts that are efficient, flexible, and conducive to business growth. Their designs incorporate modern amenities, ergonomic furniture, and innovative space-saving solutions.

3. Interior Design

Interior design is another forte of Cloudmistri.com’s architectural designers in Jamshedpur. They possess a keen eye for detail and a deep understanding of color schemes, textures, and materials. Their designs transform ordinary spaces into extraordinary ones, creating interiors that are both functional and aesthetically pleasing. Whether it’s a residential project or a commercial space, their interior designs reflect the client’s personality and style.

Why Choose Cloudmistri.com?

1. Global Expertise

Based in Italy, Cloudmistri.com brings a wealth of international experience and expertise to Jamshedpur. Their team comprises highly skilled architects and designers who have worked on prestigious projects around the world. This global perspective enables them to incorporate cutting-edge design trends and technologies into their projects in Jamshedpur.

2. Client-Centric Approach

Cloudmistri.com places a strong emphasis on client satisfaction. They believe in building strong relationships with their clients and involve them at every stage of the design process. Their collaborative approach ensures that the final design meets the client’s expectations and requirements.

3. Commitment to Quality

Quality is a non-negotiable aspect of Cloudmistri.com’s projects. They adhere to the highest standards of craftsmanship and use premium materials to ensure durability and longevity. Their attention to detail and commitment to excellence have earned them a reputation as one of the leading architectural firms in Jamshedpur.

Conclusion

The architectural landscape of Jamshedpur is evolving rapidly, and Cloudmistri.com is at the forefront of this transformation. With their expertise in sustainable architecture, urban planning, and innovative design, they are shaping the city’s future one project at a time. Whether you are looking for an architect to design your dream home or an architectural designer to create a stunning commercial space, Cloudmistri.com is your go-to partner in Jamshedpur. Explore their portfolio and witness the magic of world-class architecture brought to life in the heart of India’s Steel City.

[airambulanceavaition]

Air Ambulance Services in Jamshedpur: Enhancing Emergency Medical Aviation

In the realm of emergency medical services, Air Ambulance Aviation plays a crucial role in providing swift and efficient transportation for critically ill or injured individuals. In the city of Jamshedpur, located in the eastern state of Jharkhand, India, the presence of Air Ambulance Services has been instrumental in saving countless lives by ensuring rapid access to advanced medical care.

The Importance of Air Ambulance Services in Jamshedpur

Jamshedpur, being a bustling industrial city with a growing population, witnesses its fair share of medical emergencies on a daily basis. In situations where time is of the essence and ground transportation may not be feasible due to traffic congestion or remote locations, Air Ambulance Services become indispensable. These specialized aircraft are equipped with state-of-the-art medical equipment and staffed by highly trained medical professionals who can provide critical care while en route to a medical facility.

Advantages of Air Ambulance Aviation

One of the primary advantages of utilizing Air Ambulance Aviation is the ability to significantly reduce transport times during emergencies. In cases where patients require urgent medical attention or specialized treatment that may not be available locally, air ambulances can swiftly transport them to hospitals or healthcare facilities that can cater to their specific needs. This rapid response can make a substantial difference in patient outcomes, especially in critical situations such as trauma incidents or cardiac emergencies.

Moreover, Air Ambulance Services are not limited by geographical barriers and can reach remote or inaccessible areas where traditional ambulances may struggle to navigate. This capability is particularly vital in regions like Jamshedpur, which may have challenging terrain or limited road infrastructure in certain areas. By leveraging air transportation, patients in need can receive timely medical intervention regardless of their location within or around Jamshedpur.

Quality of Care Provided by Air Ambulance Services

In addition to speed and accessibility, Air Ambulance Services in Jamshedpur   prioritize the delivery of high-quality medical care throughout the transport process. From initial stabilization and monitoring to administering necessary treatments en route, the medical teams onboard air ambulances are trained to handle a wide range of critical conditions with precision and expertise. This level of specialized care ensures that patients receive continuous attention and support until they reach definitive care at a hospital or healthcare facility.

Furthermore, Air Ambulance Aviation adheres to stringent safety standards to guarantee the well-being of both patients and crew members during flights. The aircraft used for air ambulance services undergo regular maintenance checks and are operated by experienced pilots who are well-versed in handling emergency situations effectively. By upholding these rigorous safety protocols, air ambulance providers uphold their commitment to delivering reliable and secure transportation for those in need.

Conclusion: Transforming Emergency Medical Transport

Air Ambulance Services in Jamshedpur  play a pivotal role in transforming emergency medical transport by offering swift, efficient, and high-quality care to individuals requiring urgent medical assistance. In Jamshedpur, these services have become an essential component of the healthcare system, bridging gaps in access and ensuring that patients receive timely interventions when every second counts. As advancements in aviation technology continue to enhance the capabilities of air ambulances, the future holds promise for further improving emergency response mechanisms and ultimately saving more lives across diverse communities.

Contact Information

For more information or to request air ambulance services, you can contact Air Ambulance Aviation through their 24/7 hotline or visit their website.

Contact Us:  +91 8976394108 |  +91 8655780014

Website: https://airambulanceaviation.in

[costaricahomesdeveloper]

Buying Plots in Jamshedpur is a Smart Investment Choice

Jamshedpur, the industrial powerhouse nestled in the eastern part of India, has long been revered for its steel production and industrial might. However, beyond its steel mills and factories lies a hidden gem – the burgeoning real estate market, offering lucrative opportunities for investors and homebuyers alike. Among the myriad of options available, buying plots in Jamshedpur emerges as a particularly smart investment choice, poised to deliver both financial returns and lifestyle benefits.

Strategic Location: Situated in the heart of Jharkhand, Jamshedpur enjoys a strategic location with excellent connectivity to major cities like Kolkata, Ranchi, and Patna. Its proximity to key transportation hubs, including railways and highways, makes it an attractive destination for both residential and commercial developments. Buying a plot in Jamshedpur ensures easy access to markets, employment opportunities, and essential amenities, enhancing the overall quality of life for residents.

Growing Infrastructure: Jamshedpur is witnessing rapid infrastructural development, with initiatives aimed at improving transportation networks, healthcare facilities, educational institutions, and recreational amenities. The government's focus on enhancing infrastructure not only enhances the livability quotient of the city but also adds value to properties, making it an opportune time to invest in plots.

Affordable Investment: Compared to developed metropolitan cities, the cost of buying plots in Jamshedpur is relatively affordable, making it an attractive option for first-time investors and seasoned buyers alike. With a range of plot sizes and locations available, investors have the flexibility to choose properties that align with their budget and investment goals, offering potential for significant appreciation in value over time.

Customization and Flexibility: Buying a plot provides investors with the freedom to design and construct their dream home or commercial space according to their preferences and requirements. Whether it's a sprawling villa, a cozy bungalow, or a commercial complex, owning a plot in Jamshedpur allows individuals to unleash their creativity and create a space that reflects their unique vision and lifestyle.

Capital Appreciation: Historically, real estate has proven to be a reliable asset class, offering long-term capital appreciation and wealth creation opportunities. With Jamshedpur witnessing steady economic growth and increasing demand for housing and commercial spaces, investing in plots presents the potential for significant returns on investment over the years, making it a prudent financial decision.

Diversification of Portfolio: Diversifying one's investment portfolio is essential for mitigating risk and maximizing returns. Adding real estate assets, such as plots in Jamshedpur, to an investment portfolio provides diversification benefits, reducing overall volatility and enhancing the stability of the portfolio. Moreover, real estate investments offer a hedge against inflation, providing a reliable source of passive income through rental yields or capital appreciation.

Potential for Development: Jamshedpur's evolving real estate landscape presents ample opportunities for property development and value addition. Investors purchasing plots in upcoming or developing areas can benefit from the transformation of the locality over time, as infrastructure improves, commercial hubs emerge, and property values escalate. By staying abreast of market trends and development plans, investors can capitalize on the growth potential of their investments.

In conclusion, buying plots in Jamshedpur represents a strategic investment choice backed by favorable market dynamics, growing infrastructure, affordability, and potential for appreciation. Whether it's for residential purposes, commercial ventures, or long-term investment objectives, owning a plot in Jamshedpur offers a myriad of benefits for investors seeking to diversify their portfolio and capitalize on the city's promising real estate market. As Jamshedpur continues to evolve and thrive, investing in plots emerges as a prudent decision that promises to unlock long-term value and prosperity for investors.

[airrescuers1]

Specialized And Experienced Medical Team by Air rescuers Air Ambulance Services in Jamshedpur

In times of medical emergencies, especially in regions like Jamshedpur, where access to advanced healthcare facilities can be challenging, the role of specialized medical teams and air ambulance services becomes crucial. Air rescuers equipped with state-of-the-art technology and an experienced medical team are reshaping the landscape of emergency medical services in Jamshedpur.

Air Rescuers: A Lifeline in Critical Moments

The concept of air rescuers has revolutionized the way emergency medical assistance is provided. Jamshedpur, being an industrial hub, witnesses a considerable number of accidents and critical health conditions that demand swift and efficient medical intervention. This is where air rescuers come into play, ensuring that help reaches the patient in the shortest possible time.

The term "air rescuers" encompasses highly trained professionals who specialize in providing emergency medical aid via air transportation. These individuals are equipped to handle a wide range of medical emergencies, from trauma cases to organ transplants. In Jamshedpur, where road conditions and traffic congestion can impede traditional ambulance services, air rescuers bridge the gap, ensuring timely medical attention that can make a significant difference in the outcome for the patient.

Air Ambulance Services: Jamshedpur's Airborne Healthcare Solution

Air ambulance services in Jamshedpur have emerged as a vital component of the region's healthcare infrastructure. These services involve the use of specially equipped aircraft to transport patients in critical condition from one location to another, often over long distances. The speed and efficiency of air ambulances make them an invaluable resource in situations where time is of the essence.

In Jamshedpur, air ambulance services have been instrumental in overcoming geographical barriers and providing swift medical evacuation. The air ambulances are equipped with advanced life support systems, ensuring that patients receive continuous care during transit. The availability of air ambulance services in Jamshedpur is a testament to the commitment to ensuring that every resident has access to timely and specialized medical care, regardless of their location.

The Experienced Medical Team on Board

A key factor that sets air rescuers and air ambulance services in Jamshedpur apart is the presence of an experienced medical team on board. These teams typically consist of skilled doctors, nurses, and paramedics who are trained to handle emergencies in a high-pressure environment. Their expertise ensures that patients receive the necessary medical attention from the moment they are picked up until they reach the designated healthcare facility.

The medical team on air ambulances is well-versed in managing a variety of medical conditions, from stabilizing trauma patients to administering critical care for those with severe illnesses. Their ability to make quick and informed decisions is a critical aspect of the success of air ambulance services in Jamshedpur.

Air Rescuers and Air Ambulance Services in Jamshedpur: A Game-Changer

The integration of air rescuers and air ambulance services in Jamshedpur has proven to be a game-changer in the realm of emergency medical services. The ability to rapidly transport patients to advanced medical facilities can significantly improve outcomes, particularly in cases where time is of the essence.

The convenience and efficiency of air ambulance services in Jamshedpur are evident in the success stories of individuals who have benefited from these services. Whether it's a patient in need of urgent surgery or someone requiring specialized medical care available only at a distant facility, air rescuers and air ambulance services provide a lifeline that transcends the limitations of traditional ground transportation.

Conclusion: Soaring to New Heights in Healthcare

In conclusion, the presence of air rescuers and air ambulance services in Jamshedpur underscores the commitment to ensuring that quality healthcare is accessible to all residents, even in the most challenging circumstances. The amalgamation of advanced technology and an experienced medical team creates a formidable force capable of overcoming geographical barriers and saving lives in critical moments. As Jamshedpur continues to evolve, these airborne healthcare solutions will undoubtedly play an increasingly pivotal role in shaping the region's emergency medical services landscape.

[aakashindia]

The Best Real Estate Developer in Jamshedpur Who Supports Natural Greenery

Jamshedpur is the steel city of India with promising infrastructural developments and growth prospects. Nevertheless, this steel city also needs a generous touch of natural greenery for healthy existence. 

Top real estate companies in Jamshedpur make it a point to adorn their real estate complexes with natural greenery. It has got several strong reasons behind planning their project with greenery. 

The inclusion of natural greenery gives an impression to the people staying in such properties as if they are nestled amidst nature. Establishing and nurturing this alliance with Mother Nature via natural greenery all around promotes the quality of life. It soothes the senses and makes the surrounding atmosphere feel more pleasing.

The Impact of Natural Greenery on the Lives of Complex Residents 

A gated community with an array of building and lifestyle amenities only shouldn’t be enough for a good life. 

Natural greenery cover improves the quality of air surrounding the properties. It plays active roles in directly extracting out and neutralising the pollutants present in the atmosphere. It releases a sufficient amount of oxygen and absorbs carbon dioxide. 

Who amongst us hasn't studied the Biology chapter on Photosynthesis in our school days? This complex interaction between plants and atmosphere simplifies the life of people here by adding quality to their immediate surroundings. 

Steel city needs natural greenery for the benefit and betterment of the people here and the environment at large. Equally the people of a premium property complex and any sophisticated gated community needs an adequate addition of natural greenery. 

Aakash India Group is one of the best builders in Jamshedpur. The brand is known to plan their project with abundance of open space and greenery. Apart from its stunning concrete infrastructural inclusions, its green infrastructure has a major say in propelling its popularity as a builder.  The green infrastructure escalates the property value of Aakash India luxurious residences and offices. Very few real estate developers in Jamshedpur are as focused on planning their gated communities with natural greenery and beautiful natural landscaping as Aakash India does in an urban environment.

Sound Attenuation

The judicious planting and regular maintenance of the green areas within the complex also minimises the noise pollution level. Yes, that too to a considerable extent. It is called Sound Attenuation. Green covers reduce sound intensity. Residents who are and would be residing in the luxury projects of Aakash India would experience a peacefulness and a serene ambience here. 

Summing Up

The ratio of planted/vegetated area to the built-up area inside Aakash India residential and commercial projects is impressive. Everything is in a proper balance. It is neither an unruly forest nor feels like a concrete jungle! 

Their projects are smart works that aim at improving the quality of life of the residents here. They are one of the few real estate brands that focus on offering more than just stunning apartments paired with luxury amenities. 

Luxury living finds a healthy definition here holding the hands of the Aakash India Group.

[magicalbouquetshaila-blog]

Top Engineering Colleges in Jharkhand

In India, the engineering discipline in education has famous and on top priority among parents, when it comes to career growth. Also, with tremendous growth in IT department, the interest for gifted IT workforce has developed to an extent. Thus, there has been a flood to anchor confirmation in the best private engineering colleges in Jharkhand, India, like AISECT University. In this article, we will examine  Top Engineering Colleges in Jharkhand.

AISECT University, Hazaribag: AISECT University is one of the top engineering colleges in Jharkhand. This college was set up 31 years back with a novel idea of spreading Computer education and innovation preparing in provincial mass in their native language, is presently the main national system of ICT empowered administrations with more than twenty thousand focuses incorporating 28 states and 3 association domains of India. In these years AISECT has augmented its region of activity from professional preparing and computer proficiency to expertise improvement exercises, budgetary incorporation, content advancement, e-learning and e-administration ventures, advanced education organizations etc.

Kohlan University, Chaibasa: Kolhan University is one of the leading university in the State of Jharkhand that has been set up so as to take into account the necessities and prerequisite of the neighborhood individuals. The college was laid in the year 2009. The college offers different courses at UG and PG level. At present, the college has enlisted more than 80, 000 students in the different courses. It has built up different cells like placement cell, quality affirmation cell, etc for observing and resolving each and every issue identified with the students.

Arka Jain University, Jamshedpur: Arka Jain University Jamshedpur was previously known as Jain College. It is one of the main private college in Jharkhand. This administration perceived establishment is additionally a piece of the JGI Group, Bangalore. The college offers UG, PG, Diploma, and   in courses like Management, Engineering, Science, Computer Application and Arts. There is a 5% reservation in each course for SC/ST. It is a center point of co-curricular and sports exercises concentrating on by and large improvement. Grants are likewise accessible.

Amity University, Ranchi: Amity University, Ranchi is one of the private college set up by one of the main instructive gatherings in the year 2016. It is affirmed by UGC. Amity University is an instructive center which gives various undergrad, postgraduate and research programs in different specializations. Amity University is setting up another dimension of advanced education in Ranchi.

Sarala Birla University, Ranchi: Sarala Birla University is a private college, enlisted under Sarala Birla University Act. 2017— by the Legislative Assembly of Jharkhand in 2017, situated in the Birla Knowledge City, in Namkum square, Ranchi locale, Jharkhand, India. The University offers numerous Diploma, UG, PG and Doctoral dimension courses in different streams under various offices, for example, Engineering, Commerce, Management, Humanities, Applied Science, Mathematics and so on.

Government Engineering College, Chaibasa: Government Engineering College is established in Chaibasa in Jharkhand territory of India. Set up in 2013, it is certified from AICTE and it is subsidiary to Kolhan University, Chaibasa. GEC, Chaibasa offers 5 courses. GEC grounds are spread more than 40 Acres.

Ramgovind Institute of Technology, Koderma: Ramgovind Institute of Technology is arranged in Koderma in Jharkhand. Set up in 2004, it is authorized from AICTE and it is associated with Vinoba Bhave University. RIT KODERMA, Koderma offers 4 courses over 1 stream in particular Engineering and crosswise over 1 degree like B.Tech. Hostel office isn't accessible for its students. Other Infrastructural facilities, for example, Canteen, Computer Lab, Medical Facilities, Cls. Room, Placement, Sports, Residential Institute, Residential Zone, Residential Faculty Zone are additionally there.

B.A College of Engineering and Technology, Jamshedpur: B.A. School of Engineering and Technology is arranged in Jamshedpur in Jharkhand territory of India. Set up in 2007, it is authorized from AICTE and it is partnered to Kolhan University. BACET, Jamshedpur offers 5 courses over 1 stream to be specific Engineering and crosswise over 1 degree like B.Tech. BACET grounds are spread more than 20 Acres. Hostel facility is accessible for its understudies. Other infrastructural facilities include Academic Zone, Boys Hostel, Canteen, Girls Hostel, Guesthouse, Gym, Mess, Library, Medical Facilities, Placement are likewise there.

Al Kabir Polytechnic, Jamshedpur: AL-Kabir Polytechnic (prominently known as alkabir Polytechnic) was built up in the year 1990. It is one of the main private foundations, kept running by Kabir Welfare Society, arranged in the steel city of Jamshedpur, the modern heart of Jharkhand, India. The school is perceived by the State Board of Technical Education (SBTE), Jharkhand and endorsed by The All India Council for Technical Education (AICTE), Govt. of India. The school gives three years of full-time confirmation programs in building in different streams including Mechanical Engineering, Electrical Engineering, Civil Engineering, Computer Science and Engineering, Electronics and Communication Engineering and Automobile Engineering.

R.T.C Institute of Technology, Ranchi: R.T.C Institute of Technology is arranged in Ranchi in Jharkhand territory of India. Built up in 2008, it is licensed from AICTE and it is partnered to Ranchi University. RTCIT, Ranchi offers 9 courses over 1 stream in particular Engineering and crosswise over 2 degrees like B.Tech, Diploma. Hostel facility isn't accessible for its students. This college provides all facilities like Academic Zone, Boys Hostel, Canteen, Computer Lab, Girls Hostel, Mess, Library, Medical Facilities, Cls. Room, Placement are likewise there.

Apart from this list, there are several colleges and universities in Jharkhand. We will advice you to make a complete analysis before settling down.

[townpostin]

Tata Steel UISL Explores Power Supply Expansion in Jamshedpur

Electricity company surveys Jemco, Azad Basti for potential substation site MLA Saryu Roy’s initiative brings hope for improved power access in underserved areas. JAMSHEDPUR – Tata Steel UISL (Jamshedpur Utilities and Services Company) has taken a significant step towards expanding its electricity services to Jemco and Azad Basti areas. On Wednesday, Tata Steel UISL officials conducted a site…

[gazetteweekly]

Rajeev Jhawar Usha Martin, continues to follow stringent safety protocols to ensure wellbeing of its employees

Established in the year 1960, Usha Martin Limited is a multi-unit and multi-product organization in the wire rope business.They are one of the world’s leading manufacturers of wire rope. Their wire rope manufacturing facilities are located in Ranchi, Hoshiarpur, Dubai, Bangkok and UK. Usha Martin produces one of the widest ranges of wire ropes in the world. Rajeev Jhawar, the son of Brij Jhawar, is the managing director of Usha Martin Limited. Usha Martin Limited is all set to start a new chapter in the new financial year. Rajeev Jhawar expects domestic demand for wire ropes to rise post-monsoon.

Previous year proved to be most challenging in living memory as COVID-19 brought economies and businesses to a grinding halt. India was hit hard by the pandemic. Usha Martin Limited expects the Indian economyto rebound on the back of pent-up demand across sectors. Rajeev Jhawar, Managing Director of Usha Martin Limited hopes that Reserve Bank of India’s (RBI) monetary stimulus and the Government of India’s fiscal measures will bring the economy back to a sustainable positive territory.He believes that the substantial budgetary outlay on infrastructure by Government of India will augur well for their business.

Rajeev Jhawar expects that the domestic demand for their products, particularly in the construction and auto sectors will start picking up after the monsoon season. “The various measures announced by the Central government to boost the economy are likely to start yielding results post-monsoon”, Rajeev Jhawar said.There should be a pick-up in demand during the festival season post-September-October, by which time the company hope that the Covid situation would also be brought slightly under control. He also forecasts his views on the various stimulus measures taken by the government to enhance the growth of the economy.

While the demand for wire rope has been fairly decent in international markets, the domestic demand across various sectors has been very low due to the lockdown in the wake of the Covid-19 pandemic, Rajeev Jhawar said.The reverse migration of labourers had affected industries such as construction, particularly in the western and northern regions of the country. This impacted the demand for wire rope.

UML’s wire rope business manufactures wire, strands, LRPC and wire ropes, which cater to various industries, including steel, infrastructure, construction and auto.“The demand from construction, auto and oil sectors is down. Our plant is currently operating at 50-55 per cent of the installed capacity. The export demand is, however, good and the rupee depreciation is supporting us,” Rajeev Jhawar said.The company is hopeful of ramping up capacities by the second half of this fiscal once the Covid situation is brought under control and the domestic demand starts picking up.

Usha Martin Limited also expects to gain momentum in their international business as most countries where they are present have returned to near normalcy. Talking about exports, Rajeev Jhawar said the demand for wire rope has been ‘fairly decent’, if not strong, from markets such as Europe, the US, South America, Australia and South-East Asia. Exports account for close to 40 per cent of the company’s consolidated turnover, which stood at around ₹2,154 crore for the year ended March 31, 2020.

Global demand for the oil and offshore market saw improvement during the FY20-21 which in turn boosted the demand for speciality rope products of the company catering to the said sector. According to Rajeev Jhawar, it is expected that the demand from the said sector shall sustain in the next fiscal and is expected to provide business opportunities to the company. Further Rajeev Jhawar also states that with steady infrastructure spending by the government, speciality products used in construction and infrastructural sector may be growth drivers for the company in the years to come.

Usha Martin, which sold its one-million-tonne integrated steel plant at Jamshedpur to Tata Steel for ₹4,200-4,600 crore, completed the first full year of operations of its wire rope business in FY20. Through the strategic move of selling UML’s steel division to Tata Steel, Rajeev Jhawar helped the company in enabling them to significantly de-leverage their balance sheet and free up critical cash pool, which they could invest in their profitable and sustainable wire rope business. The result of such divestment resulted in enhanced fiscal stability and allowed Usha Martin to focus primarily on their core business.

Usha Martin Limited has a manufacturing capacity of around 2,30,000 tonnes per annum across its two facilities in India — at Ranchi, Jharkhand and Hoshiarpur, Punjab and three overseas units in the UK, Thailand and Dubai. The company recorded a consolidated revenue of Rs. 2,097.28 crore, compared to Rs. 2,153.82 crore in FY19-20. UML’s consolidated EBITDA stood at Rs. 312.56 crore in FY20-21 compared to Rs. 284.96 crore in the previous year. Despite the shrinkage in revenue, there was a marked improvement in the EBITDA margin from 13.23% to 14.90%. During the year, Usha Martin Limited had adequate working capital and liquidity, which ensured that their operations went on smoothly.

Enrichment of product mix will continue to be a key value driver for Usha Martin Limited, by gradually reducing dependence on low-contributory items and increasing focus on value-added products. According to Rajeev Jhawar, the company will take concerted effort on maintaining fiscal solidity with focused capital expenditure. Usha Martin is planning to continue to place greater emphasis on implementing digitalisation across the organisation.

Usha Martin, under the guidance of Rajeev Jhawar have been able to solidify their leadership position through the delivery of industry-leading quality products across our state-of-the-art manufacturing facilities. “Through leveraging the capabilities of our R&D facilities in Italy and India, we are constantly striving to enhance manufacturing efficiencies and quality of our products”, Rajeev Jhawar says.The company always strives to improve the quality of their products to enhance value for customers. Leveraging the capabilities of R&D facilities in Italy and India and modifying the designs of their products based on geographies and needs of the customers are carried out. Rajeev Jhawar also ensures that the company work closely with their R&D centres to enhancedaily manufacturing efficiencies.

Usha Martin Limited with the leadership of Rajeev Jhawar, continues to follow stringent safety protocols to ensure wellbeing of its employees and is in continuous process of dynamically adopting to the ever changing global and domestic macro-economic environment as and when the same is required in these post – pandemic times.

[costaricahomesdeveloper]

Journey of Real Estate Developers in Jamshedpur

Jamshedpur, often referred to as the "Steel City of India," is not just a hub of industrial excellence but also a burgeoning center of real estate development. Behind the city's evolving skyline and the transformation of its urban landscape lie the visionaries and pioneers – the real estate developers of Jamshedpur. In this blog, we'll delve into the remarkable journey of these developers, their contributions to the city's growth, and the impact they've had on shaping the future of Jamshedpur's real estate market.

A Legacy of Vision and Innovation

The story of real estate development in Jamshedpur is intertwined with the city's rich history and legacy of industrialization. From its inception by visionary industrialist Jamsetji Tata, the city has been a testament to innovation and forward-thinking planning. Real estate developers in Jamshedpur carry forward this legacy, blending modern design with sustainable practices to create living spaces that meet the needs of today while preserving the essence of the city's heritage.

Driving Economic Growth and Urbanization

Real estate developers play a pivotal role in driving economic growth and urbanization in Jamshedpur. Through their projects, they attract investment, create jobs, and stimulate economic activity in the region. From residential complexes and commercial centers to industrial parks and infrastructure projects, their developments contribute to the city's overall prosperity and development.

Meeting Diverse Housing Needs

One of the most significant contributions of real estate developers in Jamshedpur is their role in meeting the diverse housing needs of the city's residents. From affordable housing options for low-income families to luxurious apartments for the affluent, developers offer a wide range of choices to suit every budget and lifestyle. Their focus on inclusivity and accessibility ensures that no one is left behind in the city's growth story.

Transforming the Urban Landscape

Real estate developers in Jamshedpur are not just builders; they are architects of change, transforming the city's urban landscape with their innovative designs and sustainable development practices. Through thoughtful planning and meticulous attention to detail, they create spaces that enhance the quality of life for residents while preserving the city's natural beauty and cultural heritage.

Embracing Sustainability and Innovation

In an era of increasing environmental consciousness, real estate developers in Jamshedpur are leading the charge towards sustainable development. From green building certifications to energy-efficient design features, developers are incorporating eco-friendly practices into their projects to minimize their environmental impact and promote a greener future for the city. Additionally, they are embracing innovation in construction techniques and materials to improve efficiency and reduce costs.

Building Communities and Connectivity

Beyond bricks and mortar, real estate developers in Jamshedpur are building communities and fostering connectivity among residents. Through the creation of parks, recreational facilities, and community spaces, they encourage social interaction and community engagement, strengthening the fabric of neighborhoods and fostering a sense of belonging among residents. Additionally, developers prioritize connectivity by integrating transportation infrastructure and pedestrian-friendly design elements into their projects, making it easier for residents to navigate the city and access essential services.

Conclusion

In conclusion, real estate developers in Jamshedpur are the driving force behind the city's growth and development. Through their vision, innovation, and commitment to excellence, they are shaping the future of Jamshedpur's real estate market and creating spaces that inspire, uplift, and empower residents. As the city continues to evolve, the contributions of these developers will remain integral to its success, ensuring that Jamshedpur remains a vibrant and thriving place to live, work, and thrive for generations to come.

[trustednewstribune]

Usha Martin Limited to ramp up capacities: Rajeev Jhawar Usha Martin confirms growth in international business

Previous year proved to be most challenging in living memory as COVID-19 brought economies and businesses to a grinding halt. India was hit hard by the pandemic. Usha Martin Limited expects the Indian economy to rebound on the back of pent-up demand across sectors. Rajeev Jhawar, Managing Director of Usha Martin Limited hopes that Reserve Bank of India’s (RBI) monetary stimulus and the Government of India’s fiscal measures will bring the economy back to a sustainable positive territory. He believes that the substantial budgetary outlay on infrastructure by Government of India will augur well for their business.

Rajeev Jhawar expects that the domestic demand for their products, particularly in the construction and auto sectors will start picking up after the monsoon season. “The various measures announced by the Central government to boost the economy are likely to start yielding results post-monsoon”, Rajeev Jhawar said. There should be a pick-up in demand during the festival season post-September-October, by which time the company hope that the Covid situation would also be brought slightly under control. He also forecasts his views on the various stimulus measures taken by the government to enhance the growth of the economy.

While the demand for wire rope has been fairly decent in international markets, the domestic demand across various sectors has been very low due to the lockdown in the wake of the Covid-19 pandemic, Rajeev Jhawar said. The reverse migration of labourers had affected industries such as construction, particularly in the western and northern regions of the country. This impacted the demand for wire rope.

UML’s wire rope business manufactures wire, strands, LRPC and wire ropes, which cater to various industries, including steel, infrastructure, construction and auto. “The demand from construction, auto and oil sectors is down. Our plant is currently operating at 50–55 per cent of the installed capacity. The export demand is, however, good and the rupee depreciation is supporting us,” Rajeev Jhawar Usha Martin said. The company is hopeful of ramping up capacities by the second half of this fiscal once the Covid situation is brought under control and the domestic demand starts picking up.

Usha Martin Limited also expects to gain momentum in their international business as most countries where they are present have returned to near normalcy. Talking about exports, Rajeev Jhawar said the demand for wire rope has been ‘fairly decent’, if not strong, from markets such as Europe, the US, South America, Australia and South-East Asia. Exports account for close to 40 per cent of the company’s consolidated turnover, which stood at around ₹2,154 crore for the year ended March 31, 2020.

Global demand for the oil and offshore market saw improvement during the FY20–21 which in turn boosted the demand for speciality rope products of the company catering to the said sector. According to Rajeev Jhawar, it is expected that the demand from the said sector shall sustain in the next fiscal and is expected to provide business opportunities to the company. Further Rajeev Jhawar also states that with steady infrastructure spending by the government, speciality products used in construction and infrastructural sector may be growth drivers for the company in the years to come.

Usha Martin, which sold its one-million-tonne integrated steel plant at Jamshedpur to Tata Steel for ₹4,200–4,600 crore, completed the first full year of operations of its wire rope business in FY20. Through the strategic move of selling UML’s steel division to Tata Steel, Rajeev Jhawar helped the company in enabling them to significantly de-leverage their balance sheet and free up critical cash pool, which they could invest in their profitable and sustainable wire rope business. The result of such divestment resulted in enhanced fiscal stability and allowed Usha Martin to focus primarily on their core business.

Usha Martin Limited has a manufacturing capacity of around 2,30,000 tonnes per annum across its two facilities in India — at Ranchi, Jharkhand and Hoshiarpur, Punjab and three overseas units in the UK, Thailand and Dubai. The company recorded a consolidated revenue of Rs. 2,097.28 crore, compared to Rs. 2,153.82 crore in FY19–20. UML’s consolidated EBITDA stood at Rs. 312.56 crore in FY20–21 compared to Rs. 284.96 crore in the previous year. Despite the shrinkage in revenue, there was a marked improvement in the EBITDA margin from 13.23% to 14.90%. During the year, Usha Martin Limited had adequate working capital and liquidity, which ensured that their operations went on smoothly.

Enrichment of product mix will continue to be a key value driver for Usha Martin Limited, by gradually reducing dependence on low-contributory items and increasing focus on value-added products. According to Rajeev Jhawar, the company will take concerted effort on maintaining fiscal solidity with focused capital expenditure. Usha Martin is planning to continue to place greater emphasis on implementing digitalization across the organization.

Usha Martin, under the guidance of Rajeev Jhawar have been able to solidify their leadership position through the delivery of industry-leading quality products across our state-of-the-art manufacturing facilities. “Through leveraging the capabilities of our R&D facilities in Italy and India, we are constantly striving to enhance manufacturing efficiencies and quality of our products”, Rajeev Jhawar says. The company always strives to improve the quality of their products to enhance value for customers. Leveraging the capabilities of R&D facilities in Italy and India and modifying the designs of their products based on geographies and needs of the customers are carried out. Rajeev Jhawar also ensures that the company work closely with their R&D centres to enhance daily manufacturing efficiencies.

Usha Martin Limited with the leadership of Rajeev Jhawar, continues to follow stringent safety protocols to ensure wellbeing of its employees and is in continuous process of dynamically adopting to the ever changing global and domestic macro-economic environment as and when the same is required in these post — pandemic times.

[preeti-shetty]

Best IAS Coaching in Dhanbad

While there are lots of success stories of students who crack the IAS exam with Top IAS Coaching in Dhanbad, joining a coaching class helps improve your skills, knowledge to crack the UPSC exam. There are Top IAS Coaching in Dhanbad that you can join to upgrade your IAS exam Preparation. Being in a constantly competitive world will boost your performance and also make expert yourself for IAS preparation in the right direction by Top IAS Coaching in Dhanbad. There is no alternate for the Best IAS coaching in Dhanbad when it comes to UPSC preparation. Here are the detail of the Best IAS Coaching in Dhanbad for IAS exam will enhance your chances and help you get better in the competition. Best IAS Coaching in Dhanbad, Contact details, Address, Faculty, Batch size, Batch time, Location, Infrastructure, fee structure, Facilities, Subject lists, Test series, Optional subject- their faculties, Online/ offline classes & Top IAS Coaching in Dhanbad, Which is the top UPSC coaching in Dhanbad with fees structure, List of Top IAS coaching in Dhanbad.

Better the coaching, higher the chances for success. However, each student has his or her own requirements. So make sure you choose the best IAS coaching in Dhanbad that is right for you based on the faculty experience, course fees, distance from your home and your own strengths and weaknesses in English, Quantitative Aptitude, Logical Reasoning, Decision Making, History, Indian Polity, Geography, Economy, Environment, Science and Current Affairs for IAS.

Dhanbad is the second-most populated city in the Indian state of Jharkhand after Jamshedpur. It ranks as the 42nd largest city in India and is the 34th largest million-plus urban agglomeration in India. It is the 96th fastest growing city of the world by the City Mayors Foundation. Dhanbad shares its land borders with Paschim Bardhaman district, West Bengal.

The city is called the 'Coal Capital of India' for housing one of the largest coal mines of India. The prestigious institute, Indian School of Mines (now IIT Dhanbad) is situated in Dhanbad. Apart from coal, it has also grown in information technology,

Dhanbad is the 56th cleanest city of India, according to the 2019 Swachh Survekshan cleanliness survey. It showed a great change in the city which was considered the dirtiest city in the 2018 Swachh Survekshan. Dhanbad Municipal Corporation works for increasing green cover in the city. Among the rail divisions of Indian Railway, Dhanbad Rail Division is the second-largest in revenue generation after the Mumbai division. Dhanbad ranked as the top city in India with the highest 4G mobile phone network availability in India by a survey of Open signal.

The Union Public Service Commission, commonly abbreviated as UPSC, is India's premier central recruiting agency for Group 'A' officers of Government of India under union government civil services, union government defense services, union government engineering services, union government health science services, union government natural resources services, union government architecture services, union government functionality services and union government law services . It is responsible for appointments to and examinations for Group A posts of the union government under different professions. While Department of Personnel and Training is the central personnel agency in India.

The agency's charter is granted by Part XIV of the Constitution of India, titled as Services Under the Union and the States. The commission is mandated by the Constitution for appointments to the services of the Union and All India Services. It is also required to be consulted by the Government in matters relating to the appointment, transfer, promotion and disciplinary matters. The commission reports directly to the President and can advise the Government through him. Although, such advice is not binding on the Government. Being a constitutional authority, UPSC is amongst the few institutions which function with both autonomy and freedom, along with the country’s higher judiciary and lately the Election Commission.

The commission is headquartered at Dholpur House, in New Delhi and functions through its own secretariat. Pradeep Kumar Joshi has been the Chairman of UPSC since August 2020.

Established on 1 October 1926 as Public Service Commission, it was later reconstituted as Federal Public Service Commission by the Government of India Act 1935; only to be renamed as today's Union Public Service Commission after the independence.

The two papers of the IAS prelims are discussed in detail below:

General Studies

The General Studies test is the first paper of the preliminary examination.

This test is intended to test the general awareness of a candidate in a wide range of subjects that include: Indian Polity, Geography, History, Indian Economy, Science and Technology, Environment and Ecology, International Relations and associated UPSC current affairs.

Civil Services Aptitude Test (CSAT) (Generally conducted between 2:30 PM and 04:30 PM)

This UPSC Prelims syllabus for CSAT intends to assess the aptitude of the candidate in solving ‘Reasoning and Analytical’ questions, apart from ‘Reading Comprehension’ and the occasionally asked ‘Decision Making’ questions.

The ‘Decision Making’ based questions are generally exempt from negative marks.

To be noted:

The preliminary examination is only meant for screening a candidate for the subsequent stages of the exam.

The marks obtained in the Prelims will not be added up while arriving at the final rank list.

The subjects included in the prelims are common for all. However, there is an option to opt for a few subjects in the mains phase of the examination. Get the detailed list of IAS Subjects included in the syllabus for UPSC prelims and mains at the linked article.

UPSC Syllabus for GS Paper (Prelims Paper I)

Current events of national and international importance.

History of India and Indian National Movement.

Indian and World Geography-Physical, Social, Economic Geography of India and the World.

Indian Polity and Governance – Constitution, Political System, Panchayati Raj, Public Policy, Rights Issues, etc.

Economic and Social Development – Sustainable Development, Poverty, Inclusion, Demographics, Social Sector initiatives, etc.

General issues on Environmental Ecology, Biodiversity, and Climate Change – that do not require subject specialization.

General Science.

UPSC Syllabus for CSAT Paper (Prelims Paper-II)

Comprehension

Interpersonal skills including communication skills

Logical reasoning and analytical ability

Decision-making and problem solving

General mental ability

Basic numeracy (numbers and their relations, orders of magnitude, etc.) (Class X level), Data interpretation (charts, graphs, tables, data sufficiency, etc. – Class X level)

List of Top IAS Coaching institutes in Dhanbad:

#1 Online UPSC – IAS Coaching - The Prayas India

Rank – 2 - Chanakya IAS Academy

Rank – 3 - Scope IAS

[classyfoxdestiny]

tata steel: Tata Steel will pursue recycling route to grow in India: TV Narendran

tata steel: Tata Steel will pursue recycling route to grow in India: TV Narendran

The India business at 20 million tonnes will generate enough EBITDA to take care of the growth that is required in India without having to borrow to support that growth, says TV Narendran, CEO & MD, Tata Steel.

I never thought Tata Steel which is a commodity company will report this kind of robustness in their profit. We are talking to you at a time when steel prices and steel demand is at record high, so acche din (good days) are back but are acche din here to stay? Yes these have been good times for the industry and rightly so. This industry has invested hugely in building capacity over the last many years and we have struggled with a lot of challenges over the last decade. We are seeing more stability in global markets. We are seeing more discipline out of China as far as steel exports are concerned and we are seeing demand coming back because many economies including India are investing in infrastructure and Tata Steel over the last few years has grown in India very significantly. India has always been at world-beating profitability levels from an industry benchmark point of view.

The steel cycle normally lasts for four to five… The steel industry is going through a structural change. The steel prices will continue to be volatile. Secondly, the cost structures are changing because carbon costs are there in Europe. Thirdly, the demand side is showing improvement with everyone investing in infrastructure. So there are some structural changes. Prices will be volatile at a much higher level than it has been in the last 10 years.

One favourable factor could be the new American administration programme of Build America. America is the net importer of steel and they are now looking at creating a new infrastructure. Do you think from a demand standpoint, it is no longer China but the US which is going to create the biggest demand and that is the benchmark which we should use now? In the US, the hot rolled coil prices are over $1,800. So, when we talk of high steel prices in India and the US, the cost of steel is twice that of India. Secondly, the US is not a great market or not an easy market to export into because there is a lot of protection in place. As a consequence, US steel prices will be high. The US is also a big exporter of scrap and that means, scrap prices will continue to be high in the global market. So the US will certainly drive a lot of the sentiment in the steel industry. But it may not be a great market to have access to because of all the restrictions they have.

While the steel cycle may be in a boom in India or China, the problem is Europe. That is a slow moving part for you. You have indicated in the past that you want the European business to become self sustainable. How far is the European business away from being atmanirbhar (self-reliant)? I think it is already there. This year, the European business will be significantly EBITDA positive. It is already PAT positive. It will be cash positive. So they are already atmanirbhar. In fact, even last year, we hardly sent any money to our European business. They are pretty much standing on their own. The Netherlands business has always stood on its own and the UK business is also turning around quite well. You will see much better quarters ahead because in Europe we have a hangover of older contracts with lower prices. A lot of those have been renegotiated or have expired and new contracts have come in. So you will start seeing significant flow through into the bottom line in Europe starting this quarter. Europe is already standing on its own.

Your five-year capex plan shows very modest numbers. It is about $2 billion. Why is that? We have announced that we will complete the Kalinganagar expansion which is 5 million tonnes and had already been announced earlier. We will complete that in the next couple of years. That is our primary focus. Beyond that, we have the opportunity to go to 40 million tonnes in India in our existing sites. We said that it is not part of our capex plan because we have not yet taken it to the board. But we have that possibility. Last year we said first let us get the debt down. Obviously the debt is coming down faster than we had planned. This year also will be strong as far as debt reduction is concerned. That gives us a lot of headroom to expand as and when we want and where we want.

Then there are inorganic growth opportunities in India as well. So from a growth point of view, the India business is committed to go to about 40 million tonnes over the next decade and we have both organic and inorganic growth possibilities to achieve that number. As far as Europe is concerned, the business will take care of itself. The capex required there will be more sustenance capex, improving the product mix, transitioning into a greener future and so on. It is not growth capex. Growth capex will be in India.

In a downcycle, everybody talks about debt. In an upcycle, everybody talks about capex. You have given us an indication of capex, let us talk about debt. In the non-declared capex plan, if you have to expand do you think you will be able to generate enough cash flows to sustain them or could this debt to equity ratio be compromised as you expand? Typically the India business is able to take care of its own growth because the India cash flows have always been strong. In the case of the India business over the last 10-15 years, the lowest point has been 20% EBITDA margin and that is not so visible sometimes because of the consolidated numbers. But the India business is fundamentally strong and can stand on its own even in a downcycle and can take care of its own capex.

Growth in India need not be compromised even in a down cycle. What we have also said is in the long term, we will try to keep the debt EBITDA to less than 2. Today we are at 1.6 and it is going to go down further as we pay our debt but that is a headroom available to Tata Steel, even if we have to borrow. The business at 20 million tonnes will generate enough EBITDA to take care of the growth that is required in India without having to borrow to support that growth.

Unlike IT and a lot of other businesses, the steel cycle is cyclical. This is a boom time which means you would be generating a lot of cash and realisations will be higher. How are you planning to conserve the cash? Primarily, we will pare down the debt. We pared the debt by almost Rs 27,000 crore last year. This year also there will be significant debt reduction playing out over the subsequent quarters. So there is a significant debt reduction plan that gives us the headroom to expand when we want to. We are certainly going to make sure that our balance sheet is fixed for good and we are strong enough to participate and pursue growth opportunities in India. We are committed to growing in India. We are very bullish about the prospects for steel in India and we will invest to grow.

Your annual report mentions that you are looking at lowering your dependence on iron ore and increasing your dependence on recycling. How will this change your operations and the timeline of your capex? What we were basically saying is that while Tata Steel has traditionally been an iron ore and blast furnace based producer, we will pursue the recycling root to grow in India. Our south-east Asian business is totally recycling. It is all electric arc furnaces converting scrap into steel and outsteam products. What we said is particularly for long products business. We will leverage this process. We have already set up India’s first shredder and organised recycling facility in Rohtak.

We are scouting for an opportunity to build a mini steel plant there. We are talking to the different state governments there and we are looking at using this kind of a model to grow in the north, west and south where there is more scarp available than in the east. In the east, where there is iron ore available, our focus will be on iron ore base growth and we have three big sites in Kalinganagar, Angul and Jamshedpur to allow us to grow there. So we will have a mix of both. Iron ore based growth in the east and recycling and scrape based growth in the north, west and south.

There are very few sectors in India which have seen complete consolidation. Telecom is one. Steel is the other one. The reason why I am asking you this question is that you said you are open to inorganic opportunities. Are there any inorganic assets available in India? Not so much in the private sector, but the government has announced plans for

Ispat. We are participating in the process there. There has been talk about RINL, we are waiting to see what the timeline is on that. So we will wait and see what are the inorganic growth opportunities. But in inorganic, we will be more focussed on long products because for flat products, our existing sites allow us the runway for growth and we should look at consolidation differently from flat products and long products. Flat products are very consolidated like you said but long products are 40-50% secondary sector. The bigger players account for less than 50% of the production in India. So there is room for consolidation in long products as well.

We are aware that Tata Steel is now trying to build a branded steel business. As percentage of your turnover, how large is that? What is the difference in terms of your long term contacts with auto companies and other buyers versus when you are selling it in the wholesale market or when you are selling steel or Tata Steel products as a brand? So the whole concept of branding the way we do it today, started about 20 years back. The Tata Steel B2B business is the automotive, oil and gas business. There we focus on high quality products, discerning customers and approval-based business. It is technically challenging to get in and that is where we think we have an edge and we focus our B2B businesses there.

The B2C business leverages the Tata name because that business is about selling steel in single tonnes, one tonne, two tonne, three tonne for somebody who is building a house and that somebody who is building a house is not a regular steel buyer and is willing to pay the premium for Tata Tiscon which is our brand for rebars or Tata Shaktee which is a roofing sheet brand. They are ready to pay 10-20% more for steel which is 5% of the cost for building a house. So the whole business is built on that. It is worth about $2 billion now. We want to target about 20-25% of our revenues coming from B2C business including the services and solutions that we are selling to those customers. So these businesses are stickier as far as prices are concerned because the price depends on local issues and does not depend on what is happening in China or south-east Asia or elsewhere. This has been a strong business for us and continues to grow.

Another addition to that is we are doing almost Rs 100 crore a month of this online. Consumers are coming online and buying the steel. We have a platform called Aashiyana and that did Rs 700 crore business in the year that went by. We will do Rs 1,500 crore this year. It was Rs 300 crore when we started two years back. So we are seeing a different route to market developing, a different way of order generation and fulfilment, which are opportunities we want to leverage.

The steel cycle is good and so whatever is happening in Europe right now, will be overlooked and the numbers and the realisations would be different. But what is the long term plan to ensure that the European business is self-sufficient even in a steel downturn? A lot of actions have been taken over the last few years. In ,Europe we shrunk the business when we first acquired it. It was 18 million tonnes, we shrunk it to 10 million tonnes and most of that shrinkage happened in the UK which was 10 million tonnes when we acquired and is 3 million tonnes now. So between the 3 million tonne plant in Port Talbot in the UK and the 7 million tonne plant in the Netherlands, we have the right sites in Europe.

Our Netherlands plant is one of the most cost efficient plants in Europe. It is well located and structurally strong and should be able to ride the downcycle. It has always done well even in the downcycle. We have had some operational issues in the last few years but now we are back to normal.

The UK is where we have had a bigger challenge and again there a lot of heavy lifting has been done. I think we are better positioned there. While we do not report the UK numbers separately, till last year, they were coming close to being EBITDA positive and now we are very clearly EBITDA positive. Hopefully, this year we will be cash positive in the UK as well. We are better positioned to ride the down cycle in both these places.

We are also talking to the governments because in Europe there is a transition plan being developed by different governments and the governments are willing to support industry because they want to decarbonise and hence they are willing to support industry in this transition. So there are conversations going on with both the Dutch government and the British government to see what the role government can play to help us transition to a green future.

Looking at the demand-supply and especially looking at the demand supply both in India and also globally, how long will it take for capacities to kick in because demand will remain strong that is what indicators are indicating us? The difference between what is happening today and what happened 10-12 years back is that very few countries are adding capacity. Between 2000 and 2010, when demand was strong, China was adding 50 million tonnes a year of capacity. It is no longer happening. In fact, China is cutting down on production, China is reducing exports. The only country which is adding capacity significantly and rightly so is India.

That is why globally there will be a better balance. The big exporters of steel in the world are China, Japan, Korea and Russia. Japan has already said they are going to cut down local production because they do not want to export steel. Korea also is expected to go that way. Russia is also discouraging exports. Globally you will see a better balance in the trade and capacity if added, will largely be in India which is the right place to add capacity because India has good quality iron ore and India needs more investments and needs to create more jobs.

I believe India will emerge as a reasonably large exporter. We are already exporting one-and-a-half million tonnes a month now. India is certainly better positioned to be an exporter than Japan or Korea because we are a lower cost place to produce steel. It is not just Tata Steel, all our peers in the industry also produce steel efficiently and at a lower cost than most of our peers outside the country. When you look at Make in India, the steel industry is certainly an industry which should be backed. We are creating jobs in remote parts of the country and India is a good place to export steel from. I do not see excess capacity being built so fast this time.

There are indications that some ministries are not very happy about the sudden price hikes which have happened in cement and steel and indirect hints have come that industry needs to be more watchful. Could that pour cold water on the brilliant steel story in India? Honestly the answer to rising steel prices is more steel production in India and the answer to more production in India is investments in steel in India and that investment will come if the steel industry is profitable. In the last 10 years, steel and power have suffered the most in terms of financial performance. If we do not have profit, where will the money come to invest and create more capacity and if we do not have more capacity, how do you manage prices in a globally traded product?

The problem of steel prices is not just an Indian problem, it is a problem globally. So unless there is profitability in the industry, investors will not invest in the industry. We should allow the industry to invest and if they have to invest, obviously there would be some years where they have to make some money and deleverage their balance sheet which is what is exactly happening. The steel industry together has announced investments of almost Rs 100,000 crore over the next few years. All of us have announced expansion plans. The money which is being made is getting reinvested in building more steel capacity, hopefully that will help stabilise prices in India but globally if steel prices are strong, that will have an impact on India as well.

Does the industry need entry barriers now? I would like to clarify what entry barriers means. Anybody anywhere in the world can invest in India to build a steel plant. You cannot say that of most countries. Today, if some Indian steel company wants to invest and build a steel plant in China or Japan or Korea, it cannot. So from the investment point of view, we are freer than most countries in the world. The problem was steel was being dumped in India. Import duty for steel was 5% or 2.5% or 0% for some countries with whom we had an FTA. How many industries in India have 0% import duty or 2.5% import duty or even 5% import duty? Very few. So that was a time when the industry said that there has to be some support because tens of thousands of crores have been invested in this industry and because some countries were trying to get rid of 50-60 million tonnes of steel, India cannot be the dumping ground. That was the primary point the industry made and yes the government played a very big role in giving us that support and rightly so. So this industry has come back and is investing in India.

My answer to that question is anybody who wants to participate in the opportunity in India should come and invest in India like all of us and sell in India. That is a great opportunity. It is a land with the government’s ambition of Make in India and we are one of the free-est countries as far as investment is concerned. I would push for that rather than say make steel anywhere and then sell it in India. How do you create jobs in India if you do that?

What are chances that we could see a push back on exports? Obviously that is a government’s prerogative but most Indian companies are exporting between 15% and 25-30% of what they produce which is not so significant. The important point I want to make is a lot of concern has to do with steel being used in construction. Those are long products. They are hardly exported. Most of the exports are flat products. So I am not sure if any export controls will help bring down the long product prices if they are high globally or they are high because of input costs being high. The problem with long products is that 50% to 60% are being produced by the secondary sector. They are struggling with higher input costs so I am not sure if export taxes will help that problem.

What do you think the headline would be on Tata Steel in 2025? Right now the headline is that Tata Steel has reported record profits. Tata Steel is a fundamentally strong company. We have had some challenges for the last 10-12 years. I think a lot of them are getting fixed. We are adding high on a commodity cycle now but you will see us as a structurally stronger and future ready company doing well.

. Source link

[expanderp]

Software for Steel Industry

The Steel and Fabrication Industry is also known as a basic industry or feeder industry as it provides the basis for operation of other industries. The products from this industry are used as raw materials by other industries. The steel industry is a heavy industry because it uses bulky raw materials such as iron ore, coal, limestone, manganese, labour, capital as well as other infrastructure. Refining iron ore, smelting it in a blast furnace and manufacturing steel are the processes involved in this industry. After the iron is extracted from its ore, the molten iron is cooled and moulded to make pig iron. Impurities are then removed and pure iron is obtained. Some amount of carbon is mixed with this pure iron to obtain steel. The steel industry has largely developed in the region where iron ore and coal are easily available. The USA has a number of steel producing centres, such as Alabama, Youngstown, etc. In Europe well developed steel industries are located in UK, France, Germany, etc. China and Japan are other steel producing countries. In India, steel industries are concentrated in the Chhota Nagpur and Deccan regions. The main centres are Jamshedpur, Bokaro, Rourkela, etc. Metal fabrication is the creation of metal (steel) structures by involving processes like assembling, cutting and bending.

ERP or Enterprise Resource Planning or ERP for Steel and fabrication is a wizard tool for the steel industry. In fact, the steel and fabrication industry has seen tremendous growth in the last few years with the advancement of technology. Many steel and fabrication industries turn up for ERP software to streamline and optimize their business. After successful implementation of an ERP software in an industry, it can reap much more than before. Though the fabrication industry is a small scale business but serving a wide range of industries and being a feeder or basic industry must use hi-tech software called ERP. ERP is a software available on cloud that helps you to handle your investments as well as your profits and losses. It can be helpful in many ways such as, planning, processing of the different metals, fabricating to make different machines and tools, and also selling them.

How can an ERP software help our business grow:

ERP can transform unstructured processes into routine transactions such as electronic approval of purchase orders based on predefined company policies.

ERP can replace or reduce the human labour involved in processes, like matching of supplier invoices based on accepted purchase receipts.

ERP can transfer information rapidly and with ease over large distances. It is now possible for various offices and factories of an organization to perform transactions and analysis on the same server, reducing geographical distances.

ERP can help manufacturing companies in carrying out analysis such as: Forecasting of market demand based on statistical models; Capturing of hidden market trends through multi-dimensional analysis; Identification of potential improvement areas.

ERP can bring a vast amount of detailed information into the process.

ERP can enable changes in the sequence of task in the process, often allowing multiple tasks to be performed concurrent

ERP allows the capture and dissemination of knowledge and expertise to improve the process.

ERP allows detailed tracking of task status, inputs and outputs.

 “However beautiful the strategy, you should occasionally look at the results.”

  - Winston Churchill

[townpostin]

Gupta Inaugurates 185 Development Projects in Jamshedpur

₹5.6 crore schemes launched in Mango and JNAC areas Key Points: • Minister Banna Gupta lays foundation for 185 MLA-funded projects • 138 schemes in Mango, 47 in JNAC area with combined budget of ₹5.6 crore • Focus on road widening, drainage, and street lighting improvements JAMSHEDPUR – Minister Banna Gupta has initiated a series of development projects aimed at enhancing infrastructure in…

[tastydregs]

Google City!

Amazon is looking for a city for its new headquarters. Boring! Google is looking to build a new city. The FT reports:

Google’s parent company was working on a sweeping plan to build a city from the ground up, the executive in charge of its urban innovation business said on Tuesday, in an attempt to prove that a technologically-enabled urban environment can improve quality of life and reduce cities’ impact on the environment.

…“We actually want to build a new city, it is a district of the city, but one that is of sufficient size and scale that it can be a laboratory for innovation on an integrated basis,” said Dan Doctoroff, head of Sidewalk Labs, at a talk to the San Francisco Bay Area Planning and Urban Research Association.

Sidewalk was “quite far along” in its search for a city with which to partner to build a testing ground for new approaches to transport, infrastructure and possibly even governance and social policy, he said.

As I said in my NYTimes op-ed on private cities (with Shruti Rajagopolan):

The world is building more cities, faster than ever before. China used more cement in the last three years than the United States used in the entire 20th century. By 2050, India will need new urban infrastructure to house an additional 404 million people — a task comparable to building every city in the United States in just 35 years.

…As the world urbanizes, we need to experiment with new urban forms and new forms of urban planning, and privately designed and operated cities — proprietary cities — like Jamshedpur, India, or Reston, Va., may provide answers.

By the way, Virginia’s private city, Reston, was just named by Money magazine as one of the best places to live in the United States.

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