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Rise, Rise and Rise for the Solar Industries: What Legacy SAMC and MOGI Companies can Learn from it (Part-2).

Authors :
Bhattacharya, Jayanta
Source :
Journal of Mines, Metals & Fuels; May2024, Vol. 72 Issue 5, p401-409, 9p
Publication Year :
2024

Abstract

In the 1<superscript>st</superscript> part of the article, we learned about the progress of solar explosives from a medium quality explosive manufacturer to a major defense armaments manufacturer in India. We discussed: consolidation of the business with high value customer accrual, diversification of the business - from mass mine explosives to blasting accessories to ammunition, alignment with multiple foreign partners, sourcing cheap investments from various countries, understanding Indian defense imports were rising leading to currency issues and finally the early mover advantage in to the defense sector. The learning of the SAM and MOGI companies is that they have to seize with new opportunities and persist with them as vigorously as possible. In this conclusive part we discuss what Solar did differently: their achievements, the timing, the alignment, keeping the operations keyed to share market moves, the organizational moves and total productive maintenance to produce quality products. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00222755
Volume :
72
Issue :
5
Database :
Complementary Index
Journal :
Journal of Mines, Metals & Fuels
Publication Type :
Academic Journal
Accession number :
179160508
Full Text :
https://doi.org/10.18311/jmmf/2024/45368