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

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TATA OIL-Heavy Debt Burden

will serve as a booster, providing the "long needed breakthrough environment" for the country.
UNION CARBIDE Gains of Liberalisation A breakthrough is precisely what Union Carbide has experienced during the year to March 1992. Production of batteries recorded a 10 per cent increase as against the industry's overall 3 per cent growth rate. Production of flashlight cases at 9.1 million cases was a record, compared to 8,4 million cases during 1990-91, thanks to the implementation of productivity improvement programmes at the plant in Lucknow. The only regret the directors report was that production of batteries and flashlights was not enough to meet peak-time demand. Sales volume of are carbons also improved 22 per cent following extensive field coverage and marketing. Sales of photo engraver plates did not increase due to the changing trend in the printing industry and of hard facing products decreased by 7 per cent due to demand recession as well as competitive pressures. But in electrolytic manganese dioxide, efforts at productivity improvement will pay off in the coming years, although due to disruption in the trade With the former Soviet Union export sales will continue to be affected.

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