Alampally's Memoir



The company was set up with the financial assistance from Kerala State Industrial Development Corporation (KSIDC) and Kerala Financial Corporation (KFC).  Canara Bank was the financier for working capital. The cylinders were procured by the PSU companies based on an administered price, which was reasonably remunerative.

Anticipating utilisation of higher production capacity, the company had increased the manpower considerably, which resulted in very high labour cost.

The company undertook an expansion and modernization program. Energy efficient and technologically updated equipment such as MIG/MAG welding, oil-fired furnace in place of electric furnace etc were installed. For augmenting the production capacity, additional hydraulic press and related equipments were installed