ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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BELLARY STEELS AND ALLOYS-Towards Self-reliance

against the production of 206 machines, resulting in a zero inventory at the end of the year In value terms, net sales of the company showed a significant improvement of 30 per cent. Although there was a substantial increase in the cost of new materials (36.3 per cent), power and fuel (45 per cent) and labour (27.4 per cent) the company was able to maintain the overall expenses to sale ratio at 0.92:1.

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