Inorganic Growth Analysis

1. Introduction

Firms identify themselves with growth of their enterprise which is the primary business driver and the market within the steel industry was ripe with excellent opportunities at the turn of the Millennium. Enterprise Growth can be achieved in a lot of different ways but is dependent largely on the resources available to the firm.

There are fundamentally two types of growth which the firms tend to look to achieve - organic and inorganic growth. By simply increasing output and driving sales is one method of attaining organic growth. This method, however, relies heavily on the overall performance of a company’s core businesses and takes time. The second approach, the inorganic growth, is to look for another strategic player from

But it started operating in the year 1912. Tata Steel holds a very vital place in Indian business history, because it has introduced some of the unique concepts like 8-hour working days, leave with pay and pension system for the first time in India and the first player to start rapid industrialization process. In the later part, the concepts invented and implemented by the Tatas became law and compulsory practice for the Indian employees. From Tata Steel, Tata has started investing in various other businesses like; Oil mills, Airlines, Publishing, Motors, Consultancy services etc in a short span of 30 years. In the year 1945, Tata entered into tea business by the name of Tata Tea, which was called as Tata Finlay earlier. Tata also entered into exports as Tata Exports, which is the most successful and the largest export house in India. During the entire business in India, Tata has been into a variety of business and of late it has been investing heavily in its steel business. It has performed well in the Indian market during its 100 years of operation in India (Tata Steel,

government. The company consists of four divisions which include: Strip Products, Long Products, Aluminium and Distribution and Building Systems. With headquarters in London, Corus operates as an international company, satisfying the demand of many steel customers worldwide. Its core business comprises of manufacturing, development and allocation of steel and aluminium products and services. The company has a wide variety of products and services which comprise of the manufacturing of electrical steel, narrow strip, plates, packaging steel, plated steel strip, semi-finished steel, tube products, wire rod and rail products and services. However, the company is also engaged in providing a variety of services including design, technology and consultancy services (Corus Group,