The Scenario of Kerala Steel Industry so far
The trend is to expand urbanization and enhance demand for Kerala steel industry in construction, infrastructural and automotive sector. Prefabricated steel structures produced by portable cabin manufacturers need a special mention in this regard. Demand for PEB Kerala (pre-engineered building) materials along with traditional steel structures is set to take India to newer heights.
Another trend is a paradigm shift in the traditional approach of Human Resource (HR) department in the Kerala steel industry. Kerala Steel industry sector being a labor-intensive industry requires to have operational efficiency riding high on rock-solid HR measures. The departmental authorities need to keep a watchful eye on the key business trends and driving factors of the industry. They should focus on the challenges of the industry and pave the path towards improved production with SWOT analysis.
Right from the start, the Kerala steel industry has seen many changes, ups, and downs but has always maintained a special status in the nation. The liberalization of industrial policy and active government initiatives have given impetus to the participation of big steel players in the private sector. Existing mills have been modernized and newer mills have been (and are being) established across length and breadth of the country by new-age entrepreneurs. Steelmakers nowadays are focusing on all aspects – both traditional and modern which includes pre-engineered metal buildings for residential and commercial purposes.
The rising demand for steel is expected to hold on to the trend and influence rapid growth in all the industrial sectors.
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