COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA

February 2025
Vol-11, Issue-1
Paper ID: 25839
ISSN: 2395-4396
Downloads: 0

Abstract & Details

Research Area
Economics
Keywords
Costs Cost analysis SAIL Tata Steel resources profitability cost control efficiency etc
Abstract
Cost analysis has a key role to play in business economics as every business decision almost involves a comparison between costs and returns. Heavy industrialisation and large scale production have, by and large, made the competition tough and tight. It is of utmost importance, therefore for a company not only increase its sales but also to ensure that its operations relating to production, administration and Sales are economical. Keen competition in international markets makes it imperative to minimize the cost of operation so as to make the exports feasible and more profitable. The cost analysis approach is thus a necessary device which enables the company to detect and foresee the sources of waste and cost escalation in respect of production and marketing. This provides a vital information for the company’s management for effective control over the day to day operations.
License
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Author Information

# Name Institute / Affiliation
1 Dr. Urmila Bairathi -

How to Cite

Use the following formats to cite this article in your research.

APA Style
Bairathi, Dr. Urmila (2025). COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA. International Journal of Advance Research and Innovative Ideas In Education, 11(1), 1578-1591.
MLA Style
Bairathi, Dr. Urmila. "COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA." International Journal of Advance Research and Innovative Ideas In Education, vol. 11, no. 1, 2025, pp. 1578-1591.
IEEE Style
Dr. Urmila Bairathi, "COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA," International Journal of Advance Research and Innovative Ideas In Education, vol. 11, no. 1, pp. 1578-1591, 2025.
Vancouver Style
Bairathi Dr. Urmila. COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA. International Journal of Advance Research and Innovative Ideas In Education. 2025;11(1):1578-1591.
Harvard Style
Bairathi, Dr. Urmila (2025) 'COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA', International Journal of Advance Research and Innovative Ideas In Education, 11(1), pp. 1578-1591.
Chicago Style
Bairathi, Dr. Urmila. "COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA." International Journal of Advance Research and Innovative Ideas In Education 11, no. 1 (2025): 1578-1591.
Turabian Style
Bairathi, Dr. Urmila. "COST ANALYSIS IN IRON AND STEEL INDUSTRY IN INDIA." International Journal of Advance Research and Innovative Ideas In Education 11, no. 1 (2025): 1578-1591.

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