Political Economic
Page No. 124 : International prices of Page 127 : Senior managers
tubes were much higher (estimated to be
10-30 percent even if tariff rate was
brought down to 20 percent from the
current level of 41 percent) than
domestic prices.
Page 125: The recession in the auto
industry and capital goods sectors from
late 1996 eroded margins and
profitability.
Page 129: TPI's margin suffered when
tube prices in US market went down by
20% because of greater domestic
production.
Page 130: Since freight charges were
high in for ERW tubes, it was promoting
CDW tubes in all markets in Asia pacific
region except Sri Lanka
Socio Cultural
Page 122 : TPI established a new
were sent to visit Japanese and
Taiwaneese plants to learn the
latest methods of work
organisation in a tube mill.
Page 135: "The biggest
challenge to rapid growth is
perhaps the mindset of the
people….the cultural changes
have not fully penetrated all the
business"
Technological
plant at Shirwal in Sitara District to
in 1995-1996 to cater to the
growing market for special and
precision tubes in Western India
Page 124: The tube industry
became technologically more and
more sophisticated as new
automobile manufacturers had
been demanding better quality
products.
Page 124: TPI introduced small
design changes in the imported
mills to increase their flexibility (the
size ranges that could be handled)
to suit indian market conditions
Page 124: Oil drawings started in
the EOU, but some initial problems
occurred mainly on the Oil used.
The oil was not available in India
and foreign suppliers were
unwilling to provide the oil apart
from a long term agreement
Page 133: The rising freight cost and
regional players intensified competition.
Page 130: German experts were
also brought to improve the 'fin'
cutting operation, however lack of
bright annealing facility continued
to put the company at a
disadvantage.
Page 132: New players entered the
strip market with far superior
technology, product mix and
quality.
Environmental Legal

Page 123 : The industry has been de-

licensed after the economic liberalisation and
any domestic and foreign player can enter
the industry without any restriction.

Page 129: In the early 90's many companies

supplied sus standard quality products to
markest of USA, Europe and finally dropped
in arbitration by the clients