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Some Challenges And Threats To Ferro Alloys Manufacturer Kolkata
Some challenges to the ferroalloy industry are affecting the growth of the industry tremendously, which need to be resolved as early as possible. However, not all the threats or problems can be resolved by the industry itself. When you would know about the problems and hazards of the ferroalloy manufacturing industry in detail then, you would feel that these concerns are not only de-motivating the investors, interested to invest capital in this prospective sector but also reducing the scope to make the country, India, the topmost producer of ferroalloy products in the globe.
What the factors are those are disappointing to the ferroalloy industry? High cost of power is one of the important reasons, which is increasing the production cost of the ferroalloy products. As ferroalloy industry is a growing field, which required high quantity of electricity, therefore, the electricity cost becomes a crucial fact behind the production cost of ferroalloy products.
Any industry, which consumes high electricity, would find difficulty when the industry has to pay higher cost for the consumption ...
... of electricity. In comparison with the electric charge with other countries those are competitors of India in producing ferroalloy, the electric fee is higher in India. This is one of the vital reasons, which is not only disappointing to this industry but also creating a great threat to the industry also.
To cope with this problem, an initiative from government is of utmost importance. This is a challenge to the ferroalloy suppliers of India also as the supplier of these products are facing problem to sale products at competitive prices not only in international market but in domestic market also. The scope of exporting these products to the countries, where there is great demand of varied kinds of ferroalloy products, is also diminishing for the same reason.
Each industry tend to buy products at lower prices in comparison with the market price of any product, therefore, when the manufacturer are offering ferroalloys at higher price, then, how the supplier or exporter of these items can resale these products at cheaper price? Apart from this reason, some other challenges are also there those are becoming great concern of headache to the manufacturer, supplier, producer, exporter of these products.
Unavailability of high grade ore in India is another concern, which is affecting greatly the ferroalloy industry. Though there is no scarcity of ferroalloy ores in India still, these are not of high quality. As per the demand of the industry those are purchaser of these products of high quantity, are showing disinterest to purchase ferroalloy products from Indian market. All these negative issues are affecting the market of ferroalloys, which is not at all desired by the investors, who are investing in the ferroalloy industry in India.
As the strengths of the Ferro Alloys Manufacturer Kolkata are heavier than the weaknesses, therefore, this would be improper to conclude that this is an industrial field, which is going through the emergency period. The marketing professionals of Ferro Alloys Supplier Kolkata also believe that they have great opportunity to find out global market as India is one of the leading manufacturer as well as exporter of ferroalloys in spite of some big of challenges to the industry.
About author :
Bilal Muktinathn is the author of this article. He has worked in the manufacturing field for more than four decades. He has written several journals on Ferro Alloys Manufacturer India for the last few years. He has stated the change in the Ferro Alloys production with the increase in Ferro Alloys Exporter India. Visit: http://www.mortex.in/
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