Employee Retention Analysis

10575 WordsAug 19, 201043 Pages
| List of Contents |1. |Executive Summary | | |About company | |2. |Company profile | |3. |Jindal group profile | |4. |JSPL awards & recognitions | | |Literature Review | |5. | HRD at JSPL…show more content…
Mergers and acquisitions are also very common in steel industry. The need for a better and improved system is a must for any industry. INDUSTRY PROFILE [pic] An overview: The steel industry The Indian Steel industry is almost 100 years old now. Till 1990, the Indian steel industry operated under a regulated environment with insulated markets and large-scale capacities reserved for the public sector. Production and prices were determined and regulated by the Government, while SAIL and Tata Steel were the main producers, the latter being the only private player. The industry took its first faltering steps in 1907 with the setup of the first integrated steel plant in Jamshedpur by TISCO. Since then the Indian steel industry has emerged as one of the core sectors in the Indian economy with a very significant impact on economic growth. The 90’s were a very tumultuous time for the Indian economy 1992 saw India takes its first steps towards economic liberalization. Along with the opening up of the economy Indian Steel also saw the entry of a number of domestic players. Private investment flowed into the industry adding fresh capacities. The major growth came after economic liberalization in 1992. Steel production and consumption, which were earlier controlled by government, were liberalized. This encouraged the growth of private enterprises that were further responsible for the growth of the industry, especially

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