Visakhapatnam: The Visakhapatnam Steel Plant is aiming at sales turnover of Rs 25,000 crore this financial year. The same was informed to its customers during a meeting on Wednesday in Vizag. Boosted by an impressive run during the last financial year, Rashtriya Ispat Nigam Ltd. (RINL), Visakhapatnam Steel Plant's corporate entity, organised the “All India Customer’s Meeting” to strengthen the bond with customers.
A large number of customers and consignment agents from across the country participated in the meeting.
RINL CMD P.K. Rath said that the RINL attaches high importance to the customers. “There is a great demand for steel as several infra, construction, road and rail projects launched by the Central government will enhance the consumption of steel in the country. We have succeeded in focusing on quality and right product mix to suit to our customer needs and make a strong presence in the market. We are targeting to achieve the highest sales turnover of Rs 25,000 crore and a saleable steel production of 5.8 million tonnes during the fiscal year 2019-20 and we are confident of achieving it.”
P. Ray Chaudhury, director (commercial) RINL, said that customers played a vital role in achieving the highest sales turnover of Rs 20,844 crore during 2018-19 by RINL.
He said, “RINL is the only company framing its marketing policy based on customer suggestions and also to meet their requirements. It reflects the commitment of RINL in taking them into confidence in its journey towards success. Our focus would be given to set up a special agency to sort out the issues, maximum usage of stockyards and improvisation of handling facility and safety of the workers in the stockyards etc during the current year. We are also focusing on coastal shipping to further scale up the dispatches to various destinations.”
