The year 2016 will be a promising one for Rashtriya Ispat Nigam Ltd (RINL), according to the Chairman-cum-Managing Director, P Madhusudan. He was speaking here on Friday on the occasion of the new year day.

He highlighted the need to focus on cutting the production cost and ramping up production from all the expanded units to compete in the present market scenario.

He said the focus should be on improving techno parameters and also stressed the need to maintain high quality of products to enhance the brand image.

Reviewing the performance of RINL during 2015, Madhusudan said it was a year of consolidation and he complimented the RINL Collective for the various achievements in operational, projects and modernisation areas. He exhorted the employees to work harder to achieve the goals.

RINL had achieved a turnover of Rs 1,617 crore during December.

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