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Steel Stores Ltd is manufacturing steel plant in India. It is enjoying an increasing demand for its products, as economic growth is 7-8% and the demand for steel is evergrowing. For this, they have decided to set-up a new plant requiring a total capital outlay of 5,000 crore. The finance manager is asked to prepare a blueprint of company's future operations. Explain why?

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S' Limited is manufacturing steel at its plant in India. It's enjoying a buoyant demand for its product as economic growth is about 7 to 8% and the demand for steel is growing. It is planting to set up a new steel plant to cash on the increased demand it is facing. It is estimated that it will require about Rs. 5,000 crores to set up and about Rs. 500 crores working capital to start the new plant.

A company X Ltd. Is setting up a new plant in India for manufacturing auto components. India has highly competitive and cost-effective production base in this sector. Many reputed car manufactures source their auto components form here. X Ltd. Si planning to capture about 40% of the market share in India and also export to the tune of at least $ 5 million in about 2 years of its planned operations. To achieve these targets, it requires a highly trained and motivated workforce. You have been retained by the company to advise it in this matter. Suggest the company about the three main aspects of staffing function.