Abstract
In Business Transactions, Profit is a necessity, because it makes the Fortune. So if Business is to be carried forward, one has to work for Profit, otherwise the Business may be moving forward towards closure! No matter what the business did in the past, it is the present which counts. Main objective of a Business entity has to be “in PROFIT”; Foundry Business not being any exception. This “Hot Issue and Buzz of the Day” for the Foundry Industry had been deliberated upon by us in our Article: “Foundry Viability – The Indian Scenario*”; which appeared in May/June, 2015 issue of ‘FOUNDRY’ magazine. Readers are requested to go through the Article once again. However, as a quick go through, relevant short summary of salient points from the Article (also brushed up further) are given below for the Readers to ponder about. (*The Article in May/June,2015 issue was Authored jointly by Shri G. Srivastava, Shri R. C. Kothari, and Shri M. K. Bhamawat.)
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