SURV I VAL TACT I C S

Tata Steel is focussing on the non-steel materials segment; recently came up with fibre-reinforced polymer (FRP) and graphene. FRP is used for making light products for automotive, industrial, infrastructure and railways sectors. Graphene coating keeps steel corrosion-free.

BHEL has called for EoIs from foreign firms to use its factories that are lying idle due to slump in power demand. This will help the state-run firm monetise assets

L&T plans to build its business in Africa, less affected by the virus outbreak; resources deployed in ongoing projects will take a backseat

JSW Steel plans to focus on exports for the first two quarters of 2020/21, and has already received orders from China, Japan, South Korea, France, West Asia and the EU.

Tata Power will invest in growth areas such as renewables and transmission and distribution; it also plans to revisit its capital expenditure plan post-lockdown

Mahindra Group is looking to conserve cash, eliminate non-essential costs and tighten capital-allocation norms