OUR PRINCIPAL ACTIVITIES
AND REVENUE STREAMS

From a revenue driver perspective, our Business Value Chain comprises (a) Steel Value Chain – from captive mining to downstream steel businesses, (b) Raw Materials Value Chain – mining of chrome and manganese ore to production and sale of ferro-alloys & minerals and (c) Other Businesses – e.g. equipment manufacturing, bearings and agricultural equipment manufacturing. In FY16, these revenue drivers accounted for 92%, 7% and 1% of our total revenues, respectively