future steel industry

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  • 8/8/2019 Future Steel Industry

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    Building dreams for tomorrow

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    Nisha Gurung

    Vijeesh Vishwam C.V.

    Sandeep kr. Choudhary

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    Land-we are planning to

    buy 500 Acres of land in

    Nandgad at the rate of

    Two lakh per Acre, which

    shares border with

    Karnataka.

    It will have installed

    capacity of 15 milliontones.

    It will Produce five

    Varieties of Products.

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    VisionOur people, by fostering team work, nurturing talent, enhancing

    leadership capability and acting with pace, pride and passion.

    Our offer, by becoming the supplier of choice, delivering premium

    products and services, and creating value with our customers.

    Our innovative approach, by developing leading edge solutions in

    technology, processes and products.

    Our conduct, by providing a safe working place, respecting the

    environment, caring for our communities and demonstrating high ethical

    standards.

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    MISSION

    As a nationwide employee owned company,

    the mission of Future Steel is to provide

    quality fabrication, installation, and erection

    of reinforcing and structural steel. In pursuitof this, our pledge is to provide safe and

    professional craftsmanship, superior

    leadership, and quality customer service at a

    fair and competitive price.

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    Management: Future steels proposed to

    adapt a less hierarchy system of

    management for the effectivecommunication within organization.

    Production: Future steels proposed to

    bring hybrid furnace from china and noncoking coal from India and iron from Goa.

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    Marketing:Future steel is going to make

    tie up with many infrastructure

    developers so we can provide them bestin market with affordable prices.

    Finance: Future steel is planned to invest

    3000 million Indian rupees for makingthe plant.

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    For Iron-Ore: Sesa Iron Ltd.

    For coal

    :Ahmadabad Coal

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    Future steels are planning to hire around

    1000 people overall for the steel plant as

    India contains huge manpower

    It is estimated that every tonnes of steel

    production involves transportation of 4

    tonnes of material.

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    Railways: The railways transport iron ore

    and coal from mines and ports to the

    plants, and steel to ports and consumingareas.

    Power: Karnataka have the policy to

    provide electricity and water for industry

    that are interested to come over Karnataka.

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    Cost of land---------------------200 million

    construction of buildings and civil works-

    -------------------------------------50 million

    Plant and machinery-----------800 million

    Miscellaneous fixed assets---10 million

    Working capital-----------------200 million.

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    12% One crore Debentures @100

    Two crore equity shares @10

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    Cheaper and easily available of Raw-

    Materials.Cheap Labors

    Increasing export

    Workers Efficiency

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    Government support and regulations:

    Economic development

    It will Increase the Overall Steel Production Capacity ofIndia and

    improve our GDP which will help in the growth of the Economy.

    Specific government incentives and support available to project.

    1. Subsidy

    2. Cheap Electricity

    3. As Nandgad is SEZ area , there is no tax for first five year.

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    It will begin its operation in 18

    months

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    THANK YOU