Abstract
The purpose of this paper is to study the knowledge management practices of steel industries in India. The Indian economy is considered a mixed economy. Indian steel industry having the participation from both private and public sector enterprises is one of the fastest-growing industries in terms of steel production and is also increasingly looking towards export as driving the growth of the industry. Under this study both public and private steel industries are taken into consideration. The study was based on secondary data. This research brings a research report on the impact of Knowledge Management Practices (KMP) in the Indian steel industries. The analysis was made by taking the previous year's data regarding various matters relating to KMP and its pros and cons in the performance of the Indian steel industries. The comparison was done between these two i.e., both public and private steel companies of the country
Highlights
With the development of economies driven by industrialization toward the start of the 20th century, nations with sound steel enterprises profited by a first-mover advantage
From the above elaboration of this chapter, it is concluded that the performance of both public and private steel industries in terms of Human Resource Development (HRD) and KM practices quite similar to each other
After the implementation of KM practices in the steel industries the production as well performance growth in the organization are in an upward direction
Summary
With the development of economies driven by industrialization toward the start of the 20th century, nations with sound steel enterprises profited by a first-mover advantage. India got free in the center of this century and hoped to get self-subordinate under its recently embraced model of this mixed economy. To accomplish this objective, the three significant fragments i.e., primary (raw-materials), secondary (assembling & manufacturing) and tertiary (services) areas must be grown at the same time. Now-a-days the usage of steel is high as compared to other kinds of products In this current world, the steel business contributes marginally over 2% to the GDP of the country. The steel business contributes marginally over 2% to the GDP of the country This percentage represents the direct contribution of the total usage. According to World Steel Association (WTA), at least two jobs are created daily in the steel industries
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
