GIPE-PUNE-OIIOI2 - DSpace@GIPE

238 RATIONALIZATION IN INDIAN Bl1S1NESS ENTERPRISE
Magnesite t ,4 t 9 "
Fireclay . .,. t ,379 "
It has only to ;beremembered that each of these raw.
materials can be, as it generally is, the finished product.
so to say, of independe~t mining concerns. The Tata:.
Ir~n andSt~el Co. may therefore be .regarded as a great
tmst which in its power' (coal) as well as ,raw ·materials.
rests on very ·~trong ,foundations.
Pig iron is a .. finished product" by all means, and:
part of it is exported by the company. But the' rest is'
utilized.by the company itself in its steel furnaces. The'
Tata Iron and Steel Co. might have stopped at this~ the·
steel stage, just ias the Bengal Iron Company, the Indian
Iron Company. and the Mysore Iron Works stop at the
pIg Iron stage. In other words, the company might have.
exported' all its steel or sold it to· other companies But it
has chosen to use its steel as a raw material for the next·
higher-stage of its own manufactures.· The market .for
its steel is' thus the company itself .. At the 'present stage
of. its development the final manufactured goods of the:
company.may be detai.ledas 'rails', fishplates, bars, light
structural, heavy structural, plates, sheets;·etc. The
hierarchy of manufacturing processes would have bee~
complete if the company were in a position to utilize these.
bars, sheets, etc., for the,manufacture of wagons,' motor ..
cars, ships, etc., in its. own workshops. A tendency in
that dire~tion is slightly embodied, however" in. its depart ...
ment of agricultural .tools and implements (Agrico).
Command over raw mC:terals in all the stages·as. well
as command .ever markets except. in the last stage of pro· .
duction is then a special feature of. the T ata organization.
which catmpt be overlooked by persons interested. in