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

GNFC, Kalyani Steels, Andhra Valley Powder

GNFC Effective Cost-Cutting Gujarat Narmada Valley Fertilisers Corporation ( GNFC), a major name in fertilisers, and industrial chemicals battled adverse factors such as a severe decline in imported urea sales income from Rs 126 crore to Rs 56 crore, economic slow down and south-east Asian turmoil to post an admirable performance in the year to March 31, 1999. This is largely owing to an all-round cost-cutting exercise and economies of scale from full utilisation of productive capacity. Raw material consumption was down 3.6 per cent, other manufacturing expenses 7.3 per cent and other expense 19.5 per cent in the year.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top