Sri P Madhusudan, CMD,RINL advocates EXCEL Mantra for success 15-Aug-2016
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Independence Day Celebrated with patriotic fervor in Ukkunagaram.
The RINL-Vizag Steel Plant collective today joined the Nation in celebrating the 70th Independence Day with patriotic fervour in Ukkunagaram. Sri P Madhusudan, CMD, RINL unfurled the National Flag, took the salute and inspected the guard of honour accorded by the CISF jawans, home guards and school children of Ukkunagaram at the sprawling Trishna Grounds in the township.
Addressing the huge gathering of VSP employees and their family members, Sri Madhusudan advocated the “EXCEL” mantra to rebuild the dreams and emerge as the most efficient plant in the country. The Early ramping up of production from the new units, EXcel in all spheres of operations with disciplined efforts, Cost Optimization & revenue maximization, Expansion of Customer base and Leverage inherent potential are the mantra for success, he added.Sri Madhusudan highlighted the need to explore new ways to complete the tasks efficiently and constantly look out for avenues to pioneer new markets to realize sustainable growth and also enlarging the customer base and market share.
Cost Optimization & Revenue Maximization: Sri Madhusudan observed that in the present challenging market scenario, cost should be the most important factor and stressed the need to inculcate the cost culture across the organization. Focused efforts on energy efficiency, new technological initiatives such as Pulverized Coal Injection in Blast Furnaces, effective waste utilization, R&D interventions leading to product innovation and process improvement leading to substantial savings, he said.
Major Achievements during 2015-16: Sri Madhusudan said that the year 2015-16 saw major achievements like completion of 6.3 Mtpa expansion, commissioning of Power Plant-2, commencement of International operations in Sri Lanka, completion of Order placements for the main packages of Coke Oven Battery-5, Forged Wheel Plant, 2nd Water Reservoir and 5 MW Solar Power Plant etc.
Sri Madhusudan concluded by saying that the current scenario warrants a change in approach and attitude to demonstrate in true potential to build a truly great Company.
Sri P C Mohapatra, Director (Projects), Dr GBS Prasad, Director (Personnel), Sri DN Rao, Director (Operations), Sri P Raychaudhury, Director (Commercial), Sri Jocab Kispotta, Senior Commandant, CISF, large number of employees and their family members, union leaders, CISF jawans etc witnessed the Independence Day celebrations.
Smt Gowri Annapurna, the First Lady of Ukkunagaram and Hon’. President of Visteel Mahila Samiti, Smt Bindoo Mohapatra, President of VMS, Vice-presidents of VMS, representatives of Steel Executive Association, SC&ST Association, VMS committee members and large number of school children were present.